T-3 Energy Services (NASDAQ:TTES) provides essential safety equipment for oil and gas rigs. Though drilling activity has been affected by the fall in commodity prices, Chris Mayer says the stock has been massively oversold. Today it is trading at $19, down from a high of $84 last year. Given its healthy cash flow and strong international growth outlook, Chris says a move back to $60 is on the cards.

In the October 6 issue of Forbes, columnist Claire Obusan tells the surprising story of Eli Broad:

“Broad should be a lot poorer this year. Worth $7 billion last fall, the insurance and housing maven saw his 46.6 million shares of AIG – received a decade ago when he sold his SunAmerica to the insurance giant for $18 billion – drop 70% between last summer and August 29, the day we priced the Forbes 400 (they’ve fallen much further since). That decline erased $2 billion from his personal balance sheet. But Broad’s net worth fell only $300 million. One reason: the soaring value of his 2,000-piece art collection. Comprising mostly contemporary pieces by artists like Jeff Koons, his collection was recently appraised…

We are not going to see the world’s best businesses this cheap for a long time, says Dan Denning. He says it’s not hard to imagine another round of global rate cuts and a massive stimulus package in the US. And then there is the ‘Obama effect’. In other words, if you don’t want to own these equities now, why bother being in the market at all?

David Fessler says WW Grainger (NYSE:GWW) is a great way to protect your portfolio by investing in infrastructure. The company literally provides the nuts and bolts for businesses and public institutions throughout America.

Crude oil prices have tumbled 55% since July. And oil stocks have been dragged down with them. But Eric Roseman says this is a great opportunity to buy into Big Oil at 2004 prices. These companies are flush with cash and pay out attractive dividends. And they are likely to recover over the next 12-18 months as commodity prices find a bottom.

U.S. stocks futures fell this morning despite yesterday’s barnstormer rally and heavy hints of a further rate cut by the Fed. “S&P 500 futures dropped 21 points to 917.70 and Nasdaq 100 futures fell 32.5 points to 1,275.50. Dow industrial futures dropped 200 points to 8,889.00,” according to MarketWatch.

GDP growth data comes out this week (Thursday). William Patalon III says confirmation that a recession is underway should help the stock market find a bottom. In the meantime, William says investors should follow two simple rules to survive and prosper in this market. 1) Don’t panic sell. 2) Buy undervalued stocks with long-term potential.

Andrew Snyder says this credit crisis could eventually go down as one of the most profitable periods in US history. The country’s biggest and oldest companies are selling at an unprecedented discount. Andrew selects four blue chip stocks set to make huge recovery profits over the next two years.

Adam Lass says the US economy looks “dreadful” in the short term. And it faces long-term monetary ruin. But somewhere in between, he expects a new bubble to form. One that will make some investors huge profits. To survive until then, Adam says you must use put options on “deadbeats” like Kohls (NYSE:KSS) to hedge long positions on proven “survivors” like Macy’s (NYSE:M).

Gold and oil are in a downward spiral, says J. Christoph Amberger. He says there is still considerable downside potential for both assets. But there is a way to make huge profits from gold’s decline.