I've liked Haliliburton for one main reason - when oil goes up and everyone starts freaking-out, Halliburton is always the one stock I can count on to do well. It is just about to surpass it's 52-week high but with record oil prices this should come as no surprise. A P/E of 12.84 compared to 17.87 and 24.25 for it's two main competitors BHI and SLB shows there is definitely room for further growth. A PEG of 1.16 also makes me feel confident that the price isn't quite right yet. If you think oil is going up, then I'd put some money into HAL - it's been a faithful companion in these tough times.
$49.24 (05/20/08)
