Baird,
In this week's report he didn't mention his favorite stocks, but in his last issue (Jan. 23) he did.
"In summary, unless we experience a real meltdown in the commodities,
spending and earnings for the group should surprise to the upside. We
believe the excellent values are BJ Services (BJS, Strong Buy, target
$110), EVI (EVI, Strong Buy, target $90), RB Falcon (FLC, Strong Buy,
target $63), and Marine Drilling (MDCO, Strong Buy, target $45).
However, if we are correct, the whole group should move big."
Goldman Sacks (or Oppenheimer?) analysts recently also mentioned that in 1H stay with deepwater drillers and service companies and towards 2H buy aggressively showwater drillers and land drillers.
I recently moved money into FLC ( my largest position now) and also increased my position in RON, GIFI and FGII.
Bill |
