There are lively debates to be had about whether it's better to own the
leaders or laggards as a sector bottoms, the idea being that the
laggards have more to gain when conditions improve. Schlumberger (NYSE:SLB)
is definitely no laggard, as the company once again delivered a set of
results that confirms its leadership in multiple sectors and geographies
in the energy services space. With Schlumberger doing well in North
America, well-positioned in offshore/deepwater with its OneSubsea
venture with Cameron (NYSE:CAM),
and only beginning to take advantage of what China may have to offer,
Schlumberger continues to look like a worthwhile idea in the energy
space.
Please go to Investopedia for the full article:
http://www.investopedia.com/stock-analysis/072213/schlumberger-leads-way-it-usually-does-slb-hal-cam-bhi-atony.aspx
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