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Two Small Cap Oil Plays

|Includes: IQVIA Holdings, Inc. (IQV), OII

 Below are two small cap oil stocks that I believe are strong buys.

Hercules (NASDAQ:HERO) This one is a really interesting play; with a market cap of only $360 million I could see HERO as potentially being bought out by one of the billion dollar drillers. With the huge costs associated with the oil spill crisis many small drillers might realize they can’t compete. Having dropped 40% already I see this as a top buy. In a year look for this stock to be trading close to $5 a bargain since it’s currently trading at $2.60.

Oceaneering International (NYSE:OII) OII does the sub-sea services, the remote-operated vehicles and other subsea activities and engineering. Like many other oil companies they have really been hit hard with the problems in the Gulf. This stock is a solid company that I believe will continue to perform well especially due to their specific expertise.

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Disclosure: "Long OII"