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

Rating:
Buy NBR
down 64.64 %

Nabors Industries, Inc. (NBR) rated Buy

Posted on: Friday,  Sep 7, 2007  9:25 AM ET by Bernstein

Bernstein rated Buy Nabors Industries, Inc. (NYSE: NBR) on 09/07/2007, when the stock price was $30.46. Since
then, Nabors Industries, Inc. has lost 64.64% as of 11/02/2015's recent price of $10.77.
If you would have followed this Bernstein's recommendation on NBR, you would have lost 64.64% of your investment in 2978 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.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/7/2007 9:25 AM Buy
None
30.46
as of 8/27/2015
1 Week up  5.69 %
1 Month down  -25.26 %
3 Months down  -30.96 %
1 YTD down  -36.60 %

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