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Joseph Lazzaro Return Risk +1.82% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed OII 04/07/09 +41.21% 08/07/09 Via BloggingStocks:   Filed under: Stocks to Buy Few sectors contained more promise during the recent global GDP expansion than drillers and oil servicers. However, few sectors became more oversold than the aforementioned, as well, during the oil bust in 2008. Further, while one should not expect oil to return to the $140-range anytime soon, the notion that oil will remain in the $40-50 range for a long time is equally slim. And that makes the case for Oceaneering International (NYSE: OII). Continue reading Oceaneering is well-positioned for the next oil boom Oceaneering is well-positioned for the next oil boom originally appeared on BloggingStocks on Tue, 07 Apr 2009 10:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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