Seeking Alpha

Nabors Industries (NBR +6.5%) is one of today's top S&P gainers after Guggenheim upgrades...

Nabors Industries (NBR +6.5%) is one of today's top S&P gainers after Guggenheim upgrades shares to Buy from Neutral, "first and foremost" a valuation call. "Improving U.S. gas market fundamentals and expanding international margins [may] prompt investors to consider how oversold the stock has become" relative to its underlying asset value and strong cash flow.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)