SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
Baker Hughes Stock Option Confusion
BHI
|
Baker Hughes Incorporated (NYSE:BHI) reported much improved financial results. After swallowing substantial settlements with SEC and Justice Q4 earnings were $1.02 @ share compared to $0.75 for last years comparable. Good work.
The stock has been volatile with some signs of recent resurgence. The stock is capable of sharp sell offs presumably as it trades as a proxy for oil futures.
The current winter drilling season in North America is almost over. But Chad C. Deaton, Baker Hughes chairman and chief executive officer offered this comment in the press release
“With several weeks rem<>< />< />...
|
BHI - Best Oil Services play
BHI
|
|
|
BHI is the 3rd largest US company in the Oil Services sector. The Oil Services sector is a major buy opportunity these days as the recent drop in oil price resulted in these stocks overshooting on the down side. A few small earnings downgrades should come up on the next few weeks as activity in NA has been quite weak due to high temperatures. Still, growth is in place for the next 4/5 years as long as oil stays above USD 35/40. This is one of the few sectors where it pays off to buy large caps as they have the size, skill, distribution channels and relationship with clients in place to seiz...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
Be the first to start a discussion and earn 2 points.
More Resources
|
About Baker Hughes Inc
- Answers.com
