Tuesday, November 10, 2009

Cameron International: Pull-back is an opportunity

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It's now or never, from a return on equity standpoint, with Cameron International Corporation (NYSE: CAM), first recommended on April 24, 2009 at a price of $25.59. If you bought in April, you're up about 60%. I'm reiterating my Buy rating, but there are qualifications.

Look for Cameron to continue to benefit from longer-term demand for oilfield capital equipment and deepwater support equipment, on likely, ramping oil demand in the immediate years ahead.

Continue reading Cameron International: Pull-back is an opportunity

Cameron International: Pull-back is an opportunity originally appeared on BloggingStocks on Mon, 09 Nov 2009 17:30:00 EST. Please see our terms for use of feeds.

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