Global demand for energy will rise by 53% from now until 2035. And, unless there is a major world conflict or tragedy, energy prices will continue to rise in the long-term — while events like Iran�s threats to close the Strait of Hormuz will affect prices in the short term. All energy equipment makers and energy service� providers will be impacted and have the ability to profit. Whether they take advantage of this opportunity is another story.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve got seven energy stocks that I’m keeping off my buy list.
Here they are, in alphabetical order. Each one of these stocks gets a �D� or �F� according to my research, meaning it is a �sell� or �strong sell.�
Baker Hughes (NYSE:BHI) works with companies in the oilfield services industry. Usually BHI is on the top of my list, but this week I’m not as optimistic. In the last year, BHI stock has dropped almost 28%, compared to a gain of 6% for the Dow Jones. BHI stock gets a �D� for earnings momentum, an �F� for its ability to exceed the consensus earnings estimates on Wall Street and a �D� for the magnitude in which earnings projections have increased over the past month in my Portfolio Grader tool. For more information, view my complete analysis of BHI stock.
McDermott International (NYSE:MDR) is an engineering, procurement, construction and installation company. MDR has dipped 41% since this time last year. MDR stock gets a �D� for operating margin growth, an �F� for earnings growth, a �D� for earnings momentum, an �F� for its ability to exceed the consensus earnings estimates on Wall Street, a �D� for the magnitude in which earnings projections have increased over the past month and a �D� for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of MDR stock.
Nabors Industries (NYSE:NBR) deals with land drilling and land well servicing. In the past 12 months, NBR stock has slid almost 24% compared to gains by the broader markets. NBR stock gets an �F� for earnings momentum, an �F� for cash flow and a �D� for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of NBR stock.
Schlumberger (NYSE:SLB) supplies technology, integrated project management and information solutions to oil and gas companies. Like other stocks on this list SLB is down 15% in the past 12 months. SLB stock gets a �D� for operating margin growth, a �D� for earnings growth and a �D� for the magnitude in which earnings projections have increased over the past month in my Portfolio Grader tool. For more information, view my complete analysis of SLB stock.
Superior Energy Services (NYSE:SPN) is a supplier of oilfield services and equipment that has watched its stock value dip 20% in the last year. SPN stock gets an �F� for earnings momentum, a �D� for the magnitude in which earnings projections have increased over the past month and a �D� for cash flow in my Portfolio Grader tool. For more information, view my complete analysis of SPN stock.
Transocean (NYSE:RIG) is a contractor of offshore contract drilling services. RIG is one of the biggest losers on this list, down 40% in the last year. RIG stock gets a �D� for sales growth, an �F� for operating margin growth, an �F� for earnings growth, a �D� for earnings momentum, an �F� for its ability to exceed the consensus earnings estimates on Wall Street, an �F� for the magnitude in which earnings projections have increased over the past months, a �D� for cash flow and an �F� for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of RIG stock.
Weatherford International (NYSE:WFT) provides products for the drilling, evaluation, completion, production and intervention of oil and natural gas wells. WFT is down 29% in the last 12 months. WFT stock gets a �D� for its ability to exceed the consensus earnings estimates on Wall Street, a �D� for cash flow and a �D� for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of WFT stock.
Get more analysis of these picks and other publicly traded stocks with Louis Navellier�s Portfolio Grader tool, a 100% free stock rating tool that measures both quantitative buying pressure and eight fundamental factors.
No comments:
Post a Comment