UBS Cautious on Oil Services, Says to Buy Only These Five Stocks...FI is one :))
UBS top five oil service-stocks to buy. They are cautious on the rest of the Oil service companies...FI SLB BHI HAL FTI
In their new report, they actually make the case that the bigger companies are already taking business away from the smaller ones, and this will only accelerate if the price of oil starts to slide dramatically.
FI is on the list
FI Frank International N.V. (NYSE: FI) has made the cut, stays on the list and is also one of Jim Cramer’s top stock picks. This specialty company provides various engineered tubular services for the oil and gas exploration and production companies in the United States and internationally. Its tubular services include the handling and installation of multiple joints of pipe to establish a cased wellbore, and the installation of smaller diameter pipe inside a cased wellbore to provide a conduit for produced oil and gas to reach the surface. Shareholders are paid a 1.3% dividend. The UBS price target is $28, while the consensus is at $29.64.