National Oilwell Varco Inc (NYSE:NOV)

CAPS Rating: 5 out of 5

The Company is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.


Player Avatar RedandBlack (98.52) Submitted: 6/15/2013 7:44:13 AM : Outperform Start Price: $21.11 NOV Score: +147.26

Originally made this pick 5 years ago in the middle of the financial panic. A winner when I re-upped 3 years ago it continues to perform well. Energy stocks have been beaten lately and NOV had some issues in 2012 with contracting margins but the pipeline remains strong and I think margins will improve in 2014 and beyond. They have made numerous acquisitions the last few years which should be accretive going forward or I've misjudged this one.

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