Opinion on  Halliburton Company (HAL)     Sector: Energy  >  Industry: Oil Well Services & Equipment
Halliburton (HAL) is a Excellent Opportunity!

As you all may know Halliburton is unfavored to the public eye.  The company has seperated from Kellog Brown Root (KBR).  With an election coming up for a new President in 2008 there are not so many worries.  This squashed many of the liberal leaning political candidates views on the company itself.  Having Dick Cheney being so well related with this company does not always give it a good reputation. 

Nevertheless, as you may know Citigroup (C) has unofficially announced there may be up to 40,000 upcoming layoffs as we proceed into the new year of 2008.   In 1990 Prince Ali Wai purchased a large portion of Citigroup (C) to keep it solid.  Soon after other banks began to hook up and there were some large mergers between other banks.  On November 26, 2007, Prince Abu Dhabi purchased 4.7 percent stake of Citigroup (C).  Thus an enormous investment.

Furthermore, (KBR) has recently been HQ'd overseas.  Halliburton's products are competitive, top of the line, cutting edge as well as the best fundamentals.  Having a request for the Saudis to start drilling more oil gives all the more reason to purchase Halliburton (HAL) for your portfolio, at it's super low cost.  The stock is so cheap priced at this point that it is on the radar for a change of ownership.  Indeed, with our US Dollar becoming weaker gives all the more reason for a large investor like Prince Abu Dhabi or Prince Ali Wai to purchase a large stake if not the entire company.  This could also be because Halliburton has moved outside of it's original HQ location of Houston, TX to Dubai, U.A.E.

(HAL)'s overseas oil drilling production is outperforming thier domestic production by far.  Some analysts even say that the stock should be more like $57 per share.  Besides the fact that this company has one of the largest buybacks going on...don't quote me but I believe by ealry 2009 the company will have bought back $12,000,000.

WARNING:    Please review videos with an open mind...this company is large, successful and get a lot of mud slung at it in the political arena.