SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (52057)2/16/2022 12:16:25 PM
From: ItsAllCyclical2 Recommendations

Recommended By
Jacob Snyder
towerdog

  Read Replies (1) of 96623
 
I own all of them. It's about your investment style. Yes, it's a valuation call, but you can see how different the charts look here. For new money I prefer CHX given that the oil sector has run and there are catalysts ST that could take it lower. I think CHX at 22 will outperform the other three at their current levels (HAL 33.5, SLB 42, BKR, 29.5) over the next 12-18 months. I think CHX has less downside if the markets get spanked SPX 4200 or less IT. However weakness often begets weakness in this market so hard to say, but I'd be more than happy to add more CHX at 18,19 again if things really crash.

I've been buying heavy when issues have corrections and then I sell my higher cost shares as issues recover and then let a core position run. Almost every issue w/in the oil service sector sold off after recent earnings and every dip was a buy. This was 24 prior to earnings so I suspect at a min it'll come back to that level again sooner than later.

A number of oil service plays are trying to differentiate themselves w/ESG (reducing emissions for their clients, reducing chemicals/sourcing, etc). CHX and BKR seem to be making a bigger effort in this regard vs HAL or SLB (at a min % of sales). I have not done a deep dive into these as they are big caps and I own too many issues throughout my portfolio. I like what I heard overall on the last CC for CHX, but the biggest run will probably start in the April/May timeframe. At 5 billion in cap you still get some relative safety, but more torque potential vs the other 3.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News