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When looking to invest in oil sector stocks amid consolidation, Schlumberger (SLB) is still Jim...

  • Friday, August 10, 2012, 11:19 AM ET
    When looking to invest in oil sector stocks amid consolidation, Schlumberger (SLB) is still Jim Cramer's favorite: "With oil looking like it has bottomed... SLB can have a multiyear rally." National Oilwell's deal for Robbins and Myers boosted prices of other potential acquisition targets such as Lufkin (LUFK) and Gardner Denver (GDI), but Cramer says investing ahead of a takeover is a risky game.
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This news story has 2 comments:

  • I think NOV is a better play.
    10 Aug 2012, 11:24 AM Reply Like
  • "investing ahead of a takeover is a risky game" lol - how about buy buy buying NFLX at 290?
    10 Aug 2012, 11:31 AM Reply Like
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