A diversified provider of specialized oilfield services and equipment that focuses on serving the drilling-related needs of oil and gas companies.
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This whole sector is cheap. Even though this stock has been on a tear for the last six months (shares are up 34
%) it still sells for less than 1x sales and 4x cash flow. It's margins are twice the industry averages. Except for last quarter, the company has a history of beating estimates. Both revenue and earnings estimates have been lowered for 2010 in the last two months, so any surprises will really propel this stock upwards.