Showing posts with label hal. Show all posts
Showing posts with label hal. Show all posts

Monday, March 12, 2012

ITZ New Energy BUY!

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The big capital service companies  valuations are currently attractive.  Halliburton (HAL)  is currently trading at 8 times 2012 earnings estimates, which is below the  historical range of 13 times to 15 times. 

ITZ projects revenue growth of 11% in 2012 and 12% in 2013 with  EPS estimates of $4.35 and $5.09 for the respective years, with improving international exposure.

HAL currently is undervalued and a strong BUY with a 18 month price objective of $75.