CNBC Stock Blog
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Surprising Options Trades in TiVo Shares
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
MOST SHARED
- Tiger Woods Out of Hospital After Accident
- The Good Entrepreneur Winner
- Get Paid Six Figures to Wear a T-Shirt?
- Dubai Spooks Investors But May Bring Buying Opportunity
- Global Selloff From Dubai Woes Shows Signs of Winding Down
- Longer Lines, Fuller Carts This Black Friday
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- 8 Retailers that Gain During the Holidays
- Next Week: Cash In Now Or Wait For A Santa Rally?
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Global Selloff From Dubai Shows Signs of Winding Down
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Tiger Woods Out of Hospital After Accident
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Get Paid Six Figures to Wear a T-Shirt?
- The World's Biggest Debtor Nations
- Five Tips for Buying a Foreclosed Home
RSS FEED
Text Size 
CNBC News Associate
Oil services stocks are the place to be for investors to profit from the runup, said Kurt Hallead, oil services analyst at RBC Capital Markets.
“With economic green shoots coming up, that means energy demands are going to start picking up and that’s why oil prices have run,” Hallead told CNBC.
When companies put more oil rigs to work, they will experience pricing power, said Hallead.
“What I’ve seen from the investment community is that we’re starting to anticipate an improvement in the rig count here in the U.S. and that improvement in the rig count is going to lead to some pricing power and earnings momentum,” he said.
He said that as an investor, it is better to be early in the stocks than later.
“That’s where you can generate your excess return,” he said.
Recommendations:
Weatherford [WFT
Loading...
()
]
Schlumberger [SLB
Loading...
()
]
Smith International [SII
Loading...
()
]
Disclosure:
No immediate information was available for Hallead or his firm.
______________________________
______________________________
Compare with Other Oil Service Companies:
Halliburton [HAL
Loading...
()
]
Baker Hughes [BHI
Loading...
()
]
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes