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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (52057)	2/16/2022 12:16:25 PM
From: ItsAllCyclical	2 Recommendations Recommended By Jacob Snyder towerdog Read Replies (1) \| Respond to of 96634

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.