It’s not good for business when your customers cannot afford to pay you. Case in point: oil-services companies, which have suffered over the past year as their customers – oil exploration and production companies – have cut capital spending. However, while it may take a while, this cycle will eventually change – and this creates an opportunity for long-term investors in beaten-down oil-services stocks. In fact, one money manager is advising that “If you are willing to look past the storms and are willing to be invested for the next two to five years, you can position yourself for two- to five-fold increases”. For two specific oil-services stocks consider, CLICK HERE.
A Long-Term Opportunity In Beaten-Down Oil-Services Stocks
- by Bob Mitchell
Tags:Beaten-Down Oil Service StocksInvestingLong-Term InvestorsOil ProductionOil Services StocksStock Market