I find BAS, NBR and BRNC all have very good valuation (ie low PE, Low PEG, Low EBITDA etc) compared to SLB; yet SLB keeps making new highs whereas these suckers stay at btm. Will anybody thro light as to why
I'll give it a shot...BAS NBR & BRNC have all failed to meet their estimated EPS for the last 2-3 quarters, even though the given estimates were reduced each quarter. SLB on the other hand, beat the estimates for at least the last six quarters and each estimate was always set a little higher. If you look at a chart of the companies earnings for the past year or so, SLB looks like a rising staircase and the other 3 co's look like a down staircase. Every dog has its day though so when any of these beat the estimate, watch out. I own BAS but BRNC looks really good for the money. Thanks for mentioning it.