CNBC Stock Blog
- 3 Safe Investments That Let You ‘Sleep Better:’ Strategist
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- More Upside if S&P Passes This Number: Market Pro
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- Why are Options Bullish on This Smartphone Maker?
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- 3 Hot Mid-Cap Stock Picks: Portfolio Manager
MOST SHARED
- Herbalife Vs. Hedge Funds
- Apple Surpasses Nokia as Top Cellphone Maker by Profits
- China Factory Output Leaps to 19-Month Highs
- Gold Heading to $1150: Art Hogan
- America Is On Sale
- Toll Brothers: More Contracts Signed, but Sales Down
- Cramer Jeers J&J, Applauds Abbott
- Adobe Cuts 680 Jobs, to Take Charge
- Should You Believe in this Rally?
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- Starbucks Brews Up Growth
- Farr: An Extended Period—No Fat Lady in Sight
- More Upside if S&P Passes This Number: Market Pro
- Murdoch Lashes Out At Google
- Fighting The Flu Vaccine Critics
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- Retail Earnings in Focus Ahead of Shopping Season
- Apple Surpasses Nokia as Top Handset Maker by Profit
- In This Relay-Race Market, Who Gets Baton Next?
- Workers Staying Put at Their Jobs as Jobless Surges
- Three Things the US Can Do To Stop the Dollar's Decline
- Toll Brothers: More Contracts Signed, but Sales Down
- Ponzi Proceeds: Bidding on Madoff's Toys
- Bear Stearn Fund Managers Not Guilty on All Counts
- Commodity ETFs: Returns May Not Match Expectations
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