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Jul.02
5:05 PM ET
Wednesday, 2 Jul 2008
Oil Equipment Firms: It's a Gusher!

Kevin Divney, fund managing director, portfolio leader and CIO at Putnam Vista Fund & New Opportunities, shared his top oil equipment stocks -- despite the fear of a commodity bubble.

Recommendations:

FMC Technologies [FTI  Loading...      ()   ] -- produces machines that drill for oil through a sub-sea device. "Expected growth around 20-30%." 

He also likes:

Noble Corp [NE  Loading...      ()   ]

Joy Global [JOYG  Loading...      ()   ]

For the full interview and recommendations from other analysts, watch the video. (4 mins 35 secs)

Disclosure:

Disclosure information was not immediately available for Kevin Divney or his company.

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