CNBC's lunchtime panel likes energy services stocks as the smartest play on energy whatever...
CNBC's lunchtime panel likes energy services stocks as the smartest play on energy whatever crude oil prices do in the short-term. Pointing to low earnings expectations, Joe Terranova likes Halliburton (HAL), Baker Hughes (BHI) and Basic Energy (BAS). "Even if oil were to go to $80, [energy services] companies still print money," Stephanie Link says, suggesting Occidental (OXY) and National Oilwell Varco (NOV).
From other sites
Oil & Gas Stock Roundup: Chesapeake Reduces Capex Budget, Halliburton Plans $10B Asset Sales - Analyst Blogat Zacks.com (Tue, 12:46PM)
The Zacks Analyst Blog Highlights: Baker Hughes, Halliburton, Unit Corp and Schlumberger - Press Releasesat Zacks.com (Tue, 9:30AM)
at Zacks.com (Mon, 3:50PM)
at MarketRealist.com (Fri, 6:04PM)
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