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Gold/Mining/Energy : Weatherford International (WFT)
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To: JakeStraw who wrote (1)5/8/1998 6:16:00 PM
From: goober  Read Replies (1) of 142
 
Nice earnings report. This stock was recommended by Jim Oberweis as one of 5 mid-cap growth stocks that his fund owns and that he feels should do well. I'd like to learn more about their competitors, their products, their management, and their track record. If I find any more good posts I'll try to put them here. Here is what Oberweis had to say. "EVI Inc. (New York Stock Exchange: EVI) manufactures oilfield products used by the drilling and production sector of the oil and gas industry. The industry is likely to show above-average long-term growth as energy demand continues to increase. This stock increases industry diversification and adds an inflationary hedge to the "mini-portfolio." Further, the recent correction of oilfield service stocks gives investors the opportunity to buy at attractive valuations. Revenues in 1997 grew 87% to $892.3 million vs. $478.0 million in 1996. EPS in the same period grew 201% to $1.81 vs. $0.60. Market cap: $1.7 billion."
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