Top Long Term Companies To Watch For 2015

Top Long Term Companies To Watch For 2015: Atwood Oceanics Inc. (ATW)

Atwood Oceanics, Inc., together with its subsidiaries, engages in offshore drilling, and the completion of exploratory and developmental oil and gas wells. The company owns semisubmersible rigs, semisubmersible tender assist rigs, jack-up drilling rigs, and submersible drilling rigs. As of November 22, 2010, it operated nine mobile offshore drilling units located in offshore southeast Asia, offshore Africa, offshore Australia, offshore South America, and the Mediterranean Sea. The company was founded in 1968 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Ben Levisohn]

  The upgrade hasn’t just lifted Diamond Offshore Drilling, but has given a boost to offshore drillers like like Transocean(RIG), Atwood Oceanics (ATW), Noble (NE) and Ensco (ESV) as well.

• [By Ben Levisohn]

  There’s been a lot of bearish talk about offshore drillers recently–and Atwood Oceanics (ATW) earnings results aren’t likely to dispel those concerns, despite an earnings beat.

• [By Ben Levisohn]

  Diamond Offshore had dropped 18% this year through yesterday’s close, while Transocean (RIG) had fallen 15%, Noble (NE) had declined 17%, Seadrill (SDRL) had dropped 12% and Atwood Oceanics (ATW), which reported earnings yesterday, had fallen 13%. But all the bearishness has been forgotten, what with the S&P 500 up more than 1% and Diamond Offshore trouncing analyst forecasts.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-long-term-companies-to-watch-for-2015-2.html