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9 pts

Opinion on  Halliburton Company (HAL)     Sector: Energy  >  Industry: Oil Well Services & Equipment
OIl is at $113

Apr 15, 2008 06:41 PM GMT
Gekko
Return Risk
+6.40% HIGH
Sr. Associate

Halliburton will be one the biggest beneficiaries of higher oil prices. 

Update 05/21:

Oil is now at $130/bbl and the dollar is getting weaker by the day.  Boone Picken's hedge fund has picked up shares recently.  This is still a cheap stock.  It's sporting a below S&P 13 P/E and a PEG of 1.18. 


Update 06/19:

Goldman likes the look of oil services stocks. 


Update 06/23:

This settlement is good news for the stock. 


HAL:  This call was made on 04/15/08 @ $44.32
Rating:   Positive   $44.32 (04/15/08)
Closed:   08/08/2008 @ $43.43 (-2.01% in 115 days)
Target:   in > one year


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Walter Thatcher previously rated HAL
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