Niksurfs

National Oilwell Varco: Right Industry at the Right Time

Long NOV for 3 years now and looking to accumulate even more in weakness.
Outstanding management team, product development group and razor sharp marketing. They have a large base of patented devices that are proprietary and many of those products are used by over 90% of the drillers.

One to two years from now buying at this level and below will have be classified as a smart buy.

I don't work there just a big fan and a happy shareholder

National Oilwell Varco Will Thrive Where Crude is Hard to Find

Mark - Great reporting. I snapped up more today at 73 and change. You have the story correct, growth and demand will come from overseas even as domestic will cool.

The fact is we also have a serious international security issue with Mid East tensions as well. But I digress, your figures are on point and this is a cheap growth stock with backlog at 2 years ($8B) on the books as we speak.

I like being there when the thundering herd comes at us, glad to be in a position and building it ahead of that curve.

Best to you and great work,
Niksurfs