Halliburton Co (HAL)

They just topped EPS, but missed revenues, with US revenue falling sequentially.  Guidance was positive with oilfield services to remain strong; their international business will drive growth (i.e. Middle East, Africa). They're also confident about their construction business.

The time to buy oil stocks was over a month ago, not now after the price of crude as surged. Where were these "buy" experts? He just sold some shares of HAL into strength to take profits.

Is bearish because Russia will keep selling deceitfully its oil around the world to fund its Ukraine war. Given this, he trimmed HAL.

(A Top Pick November 10/17 - Down 5%.) Continuous to like it. They have had some issues similar to what Canadian companies have in terms of not being able to get the product out. Not enough pipelines. It is happening in the Permian Basin, in Texas. Easier to solve there. He is expecting $2 a share in 2018 in terms of earnings and $3 next year and the stock is going to reflect that.

An Oil/gas service company? This has done well and broken above its 200-day moving average. It’s broken through that and is now moving higher. The question is, where are oil prices going. If oil prices go too high or move too quickly, then people are going to turn on the taps and oil producers will come back online. On the other hand, they could start doing other things with the money, which would give room for oil prices to move higher. Finds it hard to believe oil will be back to $100, particularly with technology we are seeing these days.

The oil service stocks are starting to show signs of seasonal strength. The seasonal period of strength is from the middle of December right through until the end of April. Technically, the stock completed a reverse head and shoulders pattern, implying upside. Dividend yield of 1.5%. (Analysts' price target is $54.)