Contrarian Stock Market Investing News - Featuring Bargain Stocks » CHC Helicopter http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Mon, 10 May 2010 15:10:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 A Giant Wave Of Money Is Headed Toward This Industry http://www.contrarianprofits.com/articles/a-giant-wave-of-money-is-headed-toward-this-industry/2390 http://www.contrarianprofits.com/articles/a-giant-wave-of-money-is-headed-toward-this-industry/2390#comments Thu, 22 May 2008 13:23:34 +0000 Brian Hunt http://www.contrarianprofits.com/articles/a-giant-wave-of-money-is-headed-toward-this-industry/2390 Once in a great while, a sector trend becomes so strong, the rising tide lifts every boat in the industry.

In the industry that sells transport, drilling, and pumping services to Big Oil, the rising tide is more of a 130-foot wave crashing onto shore. In other words, you could close your eyes, buy almost any oil-service stock right now, and come out ahead this year.

One of Market Notes‘ frequent guests, Transocean, is up 53% in the past year. It’s the world’s largest drill-ship operator. You find similar gains in CHC Helicopter (transport), Cameron (valves), Tenaris (drill steel), FMC (wells and transport systems), Nabors (drilling), National Oilwell Varco (drill rigs), Weatherford (drilling systems), and… well… we’ve run out of space.

No doubt…

]]> Once in a great while, a sector trend becomes so strong, the rising tide lifts every boat in the industry.

In the industry that sells transport, drilling, and pumping services to Big Oil, the rising tide is more of a 130-foot wave crashing onto shore. In other words, you could close your eyes, buy almost any oil-service stock right now, and come out ahead this year.

One of Market Notes‘ frequent guests, Transocean, is up 53% in the past year. It’s the world’s largest drill-ship operator. You find similar gains in CHC Helicopter (transport), Cameron (valves), Tenaris (drill steel), FMC (wells and transport systems), Nabors (drilling), National Oilwell Varco (drill rigs), Weatherford (drilling systems), and… well… we’ve run out of space.

No doubt this market is frothy… but for those speculating in 2008, keep this in mind: Skyrocketing oil prices are filling the pockets of Russia, Saudi Arabia, Canada, Norway, and Brazil right now. They’ll have to spend that cash to find more oil… and that 130-foot wave will continue pushing money into oil services.

Transocean, Inc.

 

 

 

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