Diamond Offshore Drilling, Inc. (NYSE:DO)

CAPS Rating: 5 out of 5

The Company provides contract drilling services to the energy industry around the globe and deals in deepwater drilling.

Recs

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Player Avatar THemler (41.24) Submitted: 12/21/2011 4:31:10 PM : Outperform Start Price: $54.74 DO Score: +4.64

New GOM leases sold by US Govt recently - drilling there to resume soon. DO has strong support between 50-60. I'm positioning for next drilling upcycle.

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