- Sector Strategies for the Dow 10,000 Market
- Art Cashin: What Dow 10,000 Really Means
- Dow at 11,000 to 11,500 by Christmas: Market Expert
- 10 Stock Picks from 2 Top Investment Strategists
- Byron Wien's 2009 Market Predictions: Was He Right?
- My Intel Price Target Now: Tech Analyst
- Art Cashin: How Today's Market Is Like Dot-Com Bubble
- Use VIX to Protect Your Portfolio: Strategist
- Why JPMorgan Peers Look Good Now: Equity Pro
- Gold, Oil and Cash: 2 Investment Advisors' Strategies
MOST SHARED
- Dow 10K: Celebrating 10 Years of 0% Return
- Sector Strategies for the Dow 10,000 Market
- Asking the Wrong Vivendi Question
- Highest Market Caps Today vs. 1999
- Art Cashin: What Dow 10,000 Really Means
- Don't Expect Rush To Get A Second Chance
- Yahoo Sings For Its Supper
- Dow at 11,000 to 11,500 by Christmas: Market Expert
- 10 Stock Picks from 2 Top Investment Strategists
- Thursday Look Ahead: Bears Are Sheepish
- Social Security to Make it Official: No COLA
- Test Link
- AB InBev Sells E. Europe Ops to CVC for $2.2 Billion
- Singapore's OCBC to Buy ING Asia Private Bank
- Cramer Slaps Smack-Talking Kodiaks
- How Far will Asia Go? Look to Kospi, Not Dow
- The Last Dow 10,000: How the World Has Changed
- Kudlow: Dow Hits 10,000 as Storm Clouds Gather
RSS FEED
Six Attractive Oil Service Stocks: Analyst
Text Size 
CNBC News Associate
The oil services sector was the top gainer in the S&P for the first half of 2009, and Stephen Gengaro, managing director of Jefferies, said the sector will continue to be a good bet in the second half.
“We do think long-term is very positive for crude oil,” Gengaro told CNBC. “Short-term, crude is going to act as a barometer for views on the economy over the next several months.”
Gengaro said he is bullish on the oil services and equipment companies as emerging countries such as China and India will start to show an increase in oil demand.
“You have 2.4 billion people in China and India who are going through an industrialization like the U.S. went through in the 1920s and 30s,” he said. “That’s going to drive a lot of oil demand in the next decade.”
- Track Current Oil Prices Here
- Oil Prices Could Go Higher Than We've Seen
- Chavez: Venezuela Hopes to Sell Oil at $100
Recommendations:
Halliburton [HAL
Loading...
()
]
Baker Hughes [BHI
Loading...
()
]
Weatherford International [WFT
Loading...
()
]
Cameron International [CAM
Loading...
()
]
McDermott [MDR
Loading...
()
]
Schlumberger [SLB
Loading...
()
]
Disclosure:
Gengaro does not own shares from any of the companies mentioned above.
______________________________
______________________________
CNBC's Companies in the News:
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes