August 15, 2007

Hercules Offshore

Is a MF Hidden Gems Pick:

Hercules off-shore is probably my least favorite of my favorite. This company provides offshore drilling services to the oil industry. As it becomes more difficult to find onshore oil, offshore drilling will get a huge boost. Hercules has a PEG of .21 as of the time of this blog. They just bought Todco, which was also another fantastically undervalued driller. Hercules has some serious potential to become a 10+ billion dollar company.

No comments: