SocialPicks Sentiment:
** v.s.
other stocks
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This Quarter's Sentiment:
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SocialPicks Community
Hugely undervalued
MDR
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-35.34%
in
459 days
This stock tradely similarly with oil prices as prices rose. A strong divergence happen as prices have fallen. MDR is hugely undervalued even with oil prices dropping another $20-25/barrel based on the prices of MDR during rising oil prices. This has been a reactionary selloff not based on sound economic principles (which will eventually win out!).
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McDermott International Inc.
MDR
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-48.80%
in
473 days
McDermott International
McDermott International, Inc.,is a diversified energy services company. One of its three business segments concentrates on offshore oil and gas construction. It offers front-end design and detailed engineering, fabrication, and installation of offshore drilling and production facilities; and installation of marine pipelines and sub sea production systems. It also provides project management and procurement services. The company’s stock price has fluctuated this year, starting at about $59, dropping to about $42, rising to about $66, before closing recently at<>< /><><><><><><>< /><><><><><><><><><><>< /><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< />< /><><><><><><><><><><><>< />< />...
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MDR
MDR
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-35.13%
in
60 days
(closed on 08/05/08)
I used a stock screener to find a list of good stocks then did some homework to come up with the pick.
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American heavy construction company with high energy sector exposure
MDR
From the Blogosphere
McDermott Reports Profit Growth – Analyst Blog
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<>Energy-focused engineering and construction company, McDermott International Inc. (MDR) reported better-than-expected third-quarter earnings, driven by robust performance from the Offshore Oil and Gas Construction segment. Earnings per share came in at 50 cents, 10 cents above the Zacks Consensus Estimate and 13 cents above the prior-year period. Revenues were up marginally (by 0.7%) to $1.7 billion.
Offshore Oil and Gas Construction
McDermott’s Offshore Oil and Gas Construction segment revenues were up 26% to a record $1 billion, as higher sales in the Middle East and Caspian regions mo< />< /><><>< />< />< />< /><><>< />< />< />< /><>< /><>< /><><>< /><>< /><>< />< />...
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Notable Analyst Rating Changes 9/8: GE, COST, BRCM, HOG, MU, MDR, WFR Upgraded; AIG, LNC, ASCA, PENN, BYD, GLW Downgraded
UPGRADES:JP Morgan upgraded General Electric (NYSE: GE) from Neutral to Overweight and raised their price target to $17. Click here for the full report.Morgan Stanley and Piper Jaffray upgrade Costco (Nasdaq: COST) to Overweight and Outperform, respectively. Roth Capital upgrades Broadcom (Nasdaq: BRCM) from Hold to Buy, also raising its price target from $22 to $34.Citi upgrades Harley-Davidson (NYSE: HOG) from Sell to Hold, also raising its price target from $14 to $26. UBS upgrades Micron (NYSE: MU) from Neutral to Buy. Price target $7.50 to $9. Credit Suisse upgrades McDermott Internat...
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Analyst upgrades, downgrades and initiations: AIG, DFS, ERIC, GE, HOG, SYMC ...
Oil stock #1: McDermott International (MDR)
MDR
Sell these hot oil stocks for big profits now
MDR
+0.00%
in
2 hours
(closed on 06/27/09)
Filed under: International markets, Competitive strategy, Chesapeake Energy (CHK), Economic data, Oil, Stocks to Sell, Earnings transcripts  You have to love OPEC. It's not uncommon for the barons of the giant cartel to voice their interest in seeing oil at such-and-such a price.
Recently, OPEC reiterated its desire to see oil prices at $80 per barrel. This, they claim, is the price needed to spur additional investment in crude projects. Apparently, anything less will result in oil sitting idle in the ground. Continue reading Sell these hot oil stocks for big profits now <><>Sell these hot oil stock...
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About McDermott International Inc.
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