Baker Hughes, Inc. (NYSE:BHI)

CAPS Rating: 4 out of 5

The company is a provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Recs

6
Player Avatar jonboy13 (< 20) Submitted: 1/27/2012 10:59:53 AM : Outperform Start Price: $50.16 BHI Score: -20.80

This stock is the perfect example of the ridiculous effect of "analysts estimates" on performance. Their last two quarters were the best in the company's history, by quite a lot. Yet the price has gone from ~$80 in July to <$50 now. Obvious reason: they came in lower than the very high analysts expectations. Despite massive increases in all performance numbers, there has been a sell-off. I call this a strong buy. If I'm missing another reason, I appreciate any input.

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Member Avatar tenoclock (59.48) Submitted: 3/3/2012 12:29:53 AM
Recs: 2

I agree, I work for BHI and all the numbers are good, I put the maximum allowed into the ESPP and am considering buying more through conventional means, I'm confident this will reap me some longer term rewards.

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