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CNBC Bonus Bucks Trivia: Fast Money talked oil plays in the article, “At $133 Who Wins?” What was Guy Adami’s trade?

Tags: Oil Well Services and Equipment, CNBC Trivia, FLR, JEC
23 May 11:13am
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Fast Money talked oil plays in the article, “At $133 Who Wins?” What was Guy Adami’s trade?

My trade is to get long the oil services stocks, counsels Guy Adami. Valuations look good to me. Or look at Fluor (FLR) and Jacobs Engineering (JEC). I think you can own those stocks, even if crude drops.

Fluor ranks highly in my models for earnings momentum and price momentum, but among the lowest for earnings quality and return potential. Jacobs fares a bit better, with a negative mark only for earnings quality.

Disclosure: At time of publication, William Trent has no financial position in the companies mentioned in this article.

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About

BillTrent

Stock Market Beat editor William A. Trent, CFA, has been an equity analyst since 1996 and is co-author of Understanding and Evaluating Prospectuses, Offering Documents, and Proxy Statements. Prior to starting Stock Market Beat he was Senior Equity Analyst for New Amsterdam Partners LLC, a $6 billion institutional asset manager. His experience covers all market-cap sizes and is primarily within the TMT (Telecom, Media and Technology) and Transportation sectors. He is also the senior editor of Financial Education. He is available for freelance writing and consulting projects and can be contacted here. He is not, however, a registered investment advisor and will not accept funds for management.