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.

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Player Avatar johnstrobel (61.89) Submitted: 10/28/2012 10:22:30 AM : Outperform Start Price: $45.49 NOV Score: +26.09

Price has recently been beaten down despite increasing earnings, low P/E, and good valuation (GN 1.02). I'm adding to my current position. I believe domestic oil production will continue to rise despite concerns about restrictions on fracking.

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