The weakness in oil service stocks creates an excellent opportunity for sector standouts...

|By:, SA News Editor

The weakness in oil service stocks creates an excellent opportunity for sector standouts Oceaneering (OII), FMC Tech (FTI) and Cameron (CAM), Sterne Agee says. While the firm says it can reconcile drops in land-focused service companies as activity could be impacted if oil price weakness persists, the selloff in deepwater names where activity levels are far more durable seems overblown.