Schlumberger Insiders Show Optimism

Schlumberger (SLB) topped forecasts and delivered a robust 2012 outlook last week. The company isn't firing on all cylinders, as had been the case a few quarters back, but look for steadily cleaner results in the coming quarters. The shares are trading 25% off of their the 52-week high still look attractive, and I still think it's worth owning right now.

This energy services equipment manufacturer , which provides a wide-range of products and services to oil and gas drillers, has projected $45 billion in 2012 revenue. The company is riding a new investment boom in energy exploration that is unlikely to abate any time soon....578 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.