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.

Recs

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Player Avatar RedandBlack (98.53) 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Originally made this pick 5 years ago in the middle of the financial panic.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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