4 Oil Service Companies At Your Service
We haven’t given you some straight forward stock picks in awhile, so here are 4! Each of these stocks are relatively new to our posts. We haven’t covered these closely in the recent past, so here is a little something different. Peter Way gives us the basics on these oil stocks.
" …World Fuel Services (INT) is a logistics company serving the worldwide energy-producing industry.
The market professionals apparently know the stock quite well. Their option calls have flagged profit captures averaging above 35% ten times in the last four-plus years, and 28%-plus gains more than 50 times. Drawdowns have been limited to 10% in both cases.
Based on market makers’ options positioning, the stock now ranks better than 98% of our whole population. Such large gains sometimes require patience, since drawdown periods in INT can last for weeks. But INT’s current sell target of $43.34 is 20% above Friday’s close."
Find all the researc here: http://www.moneyshow.com/investing/article/1/tptp060211-23269/4-Oil-Stocks-in-Market-Makers-Sights/