McDermott International (NYSE:MDR)
An engineering and construction company, McDermott focuses on work for the offshore oil and gas industry.
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oversold but in the right industry now with low PE
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Solid company, substantial cash on hand.
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WAYYYY too beaten down
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This stock will climb. It had a bad earnings report in October, but will climb for sure. It is a strong company with much profit, cash on the books and many billions of dollars of future bids. This stock will start climbing in December if nto sooner.
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Strength on a big down-day = attractive, as are their fundamentals.
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Solid company oil will be up due to recent price constant.
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value
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Increasing global political turmoil and government meddling show that Oil and Gas are going to continue to be the hottest play on the table. Time to place your bets.
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new goverment contracts
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waiting for spin off
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international economic recovery will spur intensive development of infrastructure and energy resources
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insider buying
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Oil industry needs a lot of engineering as the drill deeper and deeper.
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Stock was hit hard but has rebounded nicely. Still a lot of room to grow with dependence on energy and oil.
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cash on hand! hiring 250 new people in this economic down turn. record work back log! large US and international revune!
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Good earnings. Beat estimate.Have some very large contracts.
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Another oil play, but it's a mover.
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Since consolidating its operations in Houston (post Katrina) this company has consistently outperformed the S&P. Unfortunately for investors, it has not paid a divided since 2000. Its sudden dip below the S&P should not affect it's long term performance.
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