Noble Corp (NYSE:NE)

CAPS Rating: 5 out of 5

The Company is a provider of diversified services for the oil and gas industry.

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Player Avatar Melonis (< 20) Submitted: 6/15/2010 5:57:53 PM : Outperform Start Price: $28.21 NE Score: -60.35

Noble Corporative is simply "guilty by association" in the Off-shore Drill Industry. This one could also be considered as an "Asset Play" but should simply rebound nicely once the current excitement is over. The underlying investment is solid with an EPS of 6.41 and continual retirement of issues, but the stock is on sale at a P/E of 4.8

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