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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Keith J who wrote (89011)8/9/2007 1:23:04 PM
From: Q8   of 206181
 
This might be part of the reason

9:14 AM ET) NEW YORK -- Goldman Sachs analysts on Thursday upgraded the oil service and oil drilling sector to attractive from neutral. "We believe we are in the early stages of a multi-year investment period and believe the recent correction provides an attractive entry point," Goldman said in a note to clients. "We are bullish on the outlook for crude oil prices through 2008 and believe exploration and production spending growth estimates are conservative." Diamond Offshore remains a favorite, and analysts also upgraded Pride International to a buy. Goldman reiterated buy ratings on Baker Hughes, Weatherford, and National Oilwell Varco.
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