In the larger context of offshore energy equipment companies, Cameron's (NYSE:CAM)
weak second quarter wasn't unique. Even so, this was the second
straight weak quarter at Cameron, and with these stocks trading off of
orders (which came up about 20% light) that's a problem. While I
continue to believe that Cameron is gearing up for a period of
significant revenue, margin, and order growth, I won't pretend that
execution risks are now front and center with this story. So though the
shares continue to look undervalued, the above-average likely volatility
doesn't make them suitable for all investors.
Please read the more here:
http://www.investopedia.com/stock-analysis/072613/cameron-seeing-beginning-end-or-end-beginning-cam-fti-slb-drc-fet.aspx
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