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Warren Buffett Is Buying Up National Oilwell Varco And So Should You! ( $NVO )

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August 20, 2012 – Comments (0) | RELATED TICKERS: NVO

$NOV is one of our favorite oilfield services stocks and this has not changed. It has jumped almost a full $11 from $68 to almost $79 today. EUROPEAN EMBARGO OF IRANIAN OIL WILL MAKE YOU MONEY

T. Boone Pickens has also long been a $NOV bull. We pointed out he was buying on July 12 2012. The stock was trading around $65 then and is up almost a full $14 since then. T. BOONE PICKENS IS BUYING THESE STOCKS RIGHT NOW This is a full 18% gain since then.

Now Warren Buffett is a buyer and a big one. As if this isn’t a big enough reason already to want to buy National Oilwell Varco we will give you several reasons from our research. 

NOV has a growth by acquisition strategy. It acquired about 300 businesses over the past 15 years. It completed nine acquisitions just in the first half of the year. The company has a staff dedicated to the process of acquiring new companies. NOV has the knowledge and experience to scope out good companies and to effectively integrate them into its business.

 

Read Full Article Here:  http://turnkeyoil.com/2012/08/17/warren-buffet-is-buying-up-national-oilwell-varco-and-so-should-you-nvo/

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