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Enter Symbol:
 
Transocean Inc. (RIG) [hlAlert]

Rating:
Buy RIG
down 77.16 %

Zacks Investment Research picks Transocean (RIG) 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 Transocean Inc. (NYSE: RIG) on 01/08/2009, when the stock price was
$56.63. Since then, Transocean Inc. has lost 77.17% as of 10/14/2015's recent price of $12.93.
If you would have followed this The Stock Advisors Top Stocks For 2009's recommendation on RIG, you would have lost 77.16% of your investment in 2470 days.

Transocean Inc. provides offshore contract drilling services for oil and gas exploration, development and production. The company's core business is to contract these drilling rigs, related equipment and work crews primarily on a dayrate basis to drill offshore wells. It specializes in technically demanding segments of the offshore drilling business with a particular focus on deepwater and harsh environment drilling services. The company also provides additional services, including international turnkey drilling and management of third-party well service activities.

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
56.63
as of 12/31/2009
1 Week down  -6.97 %
1 Month down  -8.15 %
3 Months down  -8.30 %
1 YTD up  38.49 %

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