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Patterson-uti Energy, Inc. (PTEN) [hlAlert]

Rating:
Buy PTEN
up 19.13 %

Dividend Superstars picks Patterson-UTI (PTEN) for 2009

Posted on: Saturday,  Feb 14, 2009  2:27 AM ET by The Stock Advisors Top Stocks For 2009

The Stock Advisors Top Stocks For 2009 rated Buy Patterson-uti Energy, Inc. (NASDAQ: PTEN) on 01/08/2009, when the stock price was
$12.65. Since then, Patterson-uti Energy, Inc. has gained 19.13% as of 11/30/2015's recent price of $15.07.
If you would have followed this The Stock Advisors Top Stocks For 2009's recommendation on PTEN, you would have gained 19.13% of your investment in 2517 days.

Patterson is one of the leading providers of domestic land drillingservices to major & independent oil & natural gas companies. The Company focuses its operations in Texas & southeast New Mexico. The Company currently has a drilling fleet of 114 drilling rigs, 108 of which are currently operable. The Company is also engaged in the development, exploration, acquisition & production of oil and natural gas; however, due to the substantial growth in the Company's drilling contract operations, the oil & natural gas operations are no longer material to the Company's overall operations.

Every year since 1983, thestockadvisors has polled the nation’s leading financial newsletter advisors asking them to select their favorite stocks for the coming year. In this year’s special report, 75 “best of breed” advisors have joined to provide you with the ultimate shopping list of trading and investing ideas for 2009. The stocks that are featured range from conservative, high quality blue chips to exciting home run speculations, for those willing to incur high risk in exchange for the potential to maximize upside gains. Importantly, readers should be certain that any stocks you consider meet your own investment strategy, time horizen and risk tolerance. As such, investors should view the 75 stocks in this report as a only as a starting place; do you own research, and continue to monitor any stocks that you may buy. Advisors are making their selections based on their current analysis of a company within the current market environment. But fundamentals change, and a stock that is now a favorite buy can quickly become a sell, based on future events.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2009 12:00 AM Buy
None
12.65
as of 12/31/2009
1 Week up  29.48 %
1 Month up  34.69 %
3 Months up  37.28 %
1 YTD up  63.87 %

(*) Stock Price at the time of the recommendation.
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