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 keithelane (32.32) Submitted: 4/26/2013 2:17:08 PM : Outperform Start Price: $44.84 NOV Score: +52.09

This is a long-term energy sector play. While in the short term NOV will go up and down with the fate of oil, over the long term the world will NEED the things that NOV provides. Short-term volatility is our friend with NOV and I am going to be looking to add in the inevitible dips (such as today). With a PE of roughly 11 after this drop and STRONG likelihood of long-term growth, this looks like a very attractive pick.

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