Oceaneering International: Pull-back is Buy opportunity - Joseph Lazzaro

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Oceaneering International: Pull-back is Buy opportunity
Nov 02, 2009 08:00 PM UTC

Joseph Lazzaro

Return	Risk
+1.61%	MID

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Symbol	Sentiment	Start	Return	Closed
OII		11/02/09	+5.38%	--

Via BloggingStocks:

Filed under: Stocks to Buy

Renewable energy sources are on the rise, but a breakthrough energy form discovery aside, oil will continue to be the world's most important commodity for at least 20 years, and probably for longer than that.

And that bodes well for drillers and oil service companies, which is why I'm Reiterating my Buy rating for Oceaneering International (NYSE: OII), first recommended on April 7, 2009 at a price of $38.01. If you bought Oceaneering then, you're up more than 40%.

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Oceaneering International: Pull-back is Buy opportunity originally appeared on BloggingStocks on Mon, 02 Nov 2009 15:00:00 EST. Please see our terms for use of feeds.

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