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Gold/Mining/Energy : Diamond Offshore DO -- Ignore unavailable to you. Want to Upgrade?


To: DrGamble who wrote (13)10/12/1998 2:14:00 AM
From: RGinPG  Read Replies (1) | Respond to of 101
 
DO is high on my buy list for today. I believe it is time now to get back into the sector, and DO appears to be among the strongest in many areas.
#1) Their stock price has held up fairly well last few months compared to the rest of the sector. osxstocks.com
#2) Their earnings growth numbers are right at the top of the sector osxstocks.com
#3) Their earnings estimates have held up well. osxstocks.com
#4) And their gross margins continue to improve and are the best in the sector. osxstocks.com
#5) The daily stochastics trading system suggests the short term downcycle is over, and it is time for a rally in the sector osxstocks.com

For similar reasons, I'm also looking at RIG, FGII, ATW, EVI, and CXIPY. VRC and GLBL also look good, but I'm concerned that they are suffering with new lows.