NOV is misunderstood by much of the market - Opportunity !!!!
NOV is much more diversified than most people give them credit for. Someone has to support the maintenance of all those new wells, collection terminals, processing sites and equiptment. They have it covered. They have the whole space covered. That differentiates them from the rest of the market. Boone Pickens and Warren Buffet are buyers at these levels and higher. 5 yr growth is over 15% and accelerating. PE is low. So far it is under the radar of most of the market. Stephany Link talked about it last Thursday and it popped. ZACKs downgrade it to a sell then 3 days later upgrade it to a hold. It looks to have a floor around 67.5 and expect it to break to the upside aiming for 90. It may top out around 87ish.