Tuesday, November 24th, 2009

Posts Tagged ‘ oversold stocks ’

Triple Your Money With Oversold T-3 Energy (TTES)

Oct 30th, 2008 | By Chris Mayer | Category: Oil Investment & Alternative Energy

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.