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Enter Symbol:
 
Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Buy NBR
up 31.71 %

Nabors Industries, Inc. (NBR) upgraded to Buy with price target $26 by C.K. Cooper

Posted on: Monday,  May 24, 2010  9:25 AM ET by C.K. Cooper

C.K. Cooper rated Buy Nabors Industries, Inc. (NYSE: NBR) on 05/24/2010. Previously C.K. Cooper rated Sell Nabors Industries, Inc. (NYSE: NBR) on
01/26/2010., when the stock price was $23.63. Since then, Nabors Industries, Inc. has lost 24.08% as of 05/24/2010's recent price of $17.94.
If you would have followed the previous C.K. Cooper's recommendation on NBR, you would have gained 31.71% of your investment in 118 days.

Nabors Industries Limited (Nabors) is a global land drilling contractor, approximately 528 actively marketed land drilling rigs. The Company conducts oil, gas and geothermal land drilling operations in the United States Lower 48 states, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, Russia and Africa. Nabors is engaged in the land well-servicing and contracting in the United States and Canada. The Company market approximately 592 land workover and well-servicing rigs in the United States, primarily in the southwestern and western United States, and actively market approximately 171 land workover and well-servicing rigs in Canada. Nabors is a provider of offshore platform workover and drilling rigs, and actively markets 37 platform rigs, 13 jack-up units and three barge rigs in the United States and multiple international markets. The Company has a 51% ownership interest in a joint venture in Saudi Arabia.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2010 9:25 AM Buy
None
17.94 26.00
as of 12/31/2010
1 Week down  -1.57 %
1 Month up  1.58 %
3 Months up  24.25 %
1 YTD up  49.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/26/2010 9:25 AM Sell
None
23.63 20.00

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