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?
Lv 4
? asked in Business & FinanceInvesting · 7 years ago

what do you think of the stock seadrill?

symbol SDRL

3 Answers

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  • 7 years ago
    Favorite Answer

    I actually like it - but the one thing I would investigate is what are the prospects for offshore drilling industry in general over the next two years. SeaDrill has a low P/E (actually very low), throws off a nice dividend, is a leader in their field, highly liquid and the analysts give it a median target level of $40 (about $6 higher than where it is today - about a 20% price increase). Out of 16 recommendation, only 3 are negative.

  • ?
    Lv 7
    7 years ago

    Since the high of 48 last year, it has declined steadily to 34.

    What's to like about a stock in a clear, defined downtrend?

    Anyone that bought this stock in the last six months is, well, under water.

    http://finance.yahoo.com/echarts?s=SDRL+Interactiv...

  • Anonymous
    7 years ago

    The first thing to notice about it is that its ticker has four letters....unless it's "the next Google (GOOG)" that's NOT a good thing...

    The next thing would be to look at the numbers for their competitors....if you really WANT to be "in that particular space", the why would you choose Seadrill?

    http://finance.yahoo.com/q/co?s=SDRL+Competitors

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