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Enter Symbol:
 
Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Buy WFT
down 47.80 %

Weatherford International (WFT): Elliott Gue's top stock for 2010

Posted on: Saturday,  Feb 20, 2010  10:07 PM ET by The Stock Advisors Top Stocks For 2010

The Stock Advisors Top Stocks For 2010 rated Buy Weatherford International, Inc. (NYSE: WFT) on 12/24/2009, when the stock price was
$17.80. Since then, Weatherford International, Inc. has lost 47.81% as of 10/27/2015's recent price of $9.29.
If you would have followed this The Stock Advisors Top Stocks For 2010's recommendation on WFT, you would have lost 47.8% of your investment in 2133 days.

Weatherford International Ltd . is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company?s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wireline and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI). In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS).

Looking for a shopping list of new stock ideas for 2010? Each year for 27 years, TheStockAdvisors.com has turned to the nation's most respected and well-known newsletter advisors and asked them for their single favorite stock or fund ideas for the coming 12 months. With 80 advisors participating in this year's survey, there's something for every type of investor, from high quality blue chips to speculative home runs. While past performance is never a guarantee of future results, we would note that the stocks chosen by the 75 advisors participating in last year's report outperformed the general market by nearly 80%. Specifically, the 75 stocks and funds selected for our 2009 Top Picks report recorded an average year-to-date gain of 34%, versus a 19% gain by the broad market over the same period. Gainer's Today tracks stock picks and ranks the accuracy of 120 investment research firms. As of 12/23/09, our 2009 Top Picks report was ranked #1 for the past year. Kudos to all the participating advisors. The stocks and funds chosen for this report are the best ideas of the nation's top advisors at this current time. However, company fundamentals and market conditions change, and a stock that is considered a strong buy today can become a sell based on future events. As always, we caution all investors to only use these ideas as a starting place for your own research and only buy stocks that meet you personal investing criteria, risk parameters, and investment time horizon.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/24/2009 4:00 PM Buy
None
17.80
as of 12/31/2009
1 Week up  26.06 %
1 Month up  26.06 %
3 Months   
1 YTD up  26.06 %

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