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Cramer Finds Oil’s Buffett, Picks Another Winner (SLB, WFT, RIG, HAL, NOV, NE, HES, SU, CHK)

Posted by Owen Vater at 9:38AM on April 27th

CNBC stock picking guru Jim Cramer is bullish on drillers, and he thinks Schlumberger’s (SLB) Andrew Gould could be the Warren Buffett of oil. While certainly a compliment to Gould, Schlumberger still isn’t Cramer’s favorite, and he explained why during last night’s…

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An Oil Services Super-Stock in the Making?

Posted by Jason Smith at 10:15AM on February 19th

Shares of Smith International (SII) surged higher on Friday after the Wall Street Journal said that rival Schlumberger (SLB) is in “advanced discussions” to acquire the firm.

Smith International is trading higher by 12% today after “people familiar with the negotiations” told the WSJ that…

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Growth Investors Reaping Big Gains from Rebounding Stocks

Posted by Max Magee at 8:57AM on August 3rd

After a traumatic 2008, stocks have charged higher, rebounding from fear-stoked lows. For investors who had the courage to hold on to growth-oriented names, the moves from the bottom have been exhilarating.

Investment blog Bespoke Investment Group recently posted a list of…

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Crude Tanks, Oil Services Stocks Get Burned

Posted by Owen Vater at 11:28AM on July 29th

Crude oil futures fell by -6% on Wednesday, putting a hurt on related equities.

Oil’s decline accelerated in a second straight down day after the American Petroleum Institute announced a 4.07 million barrel weekly increase in crude inventories. Christopher Bellew, a…

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