Even so, he thinks oil exploration and production stocks may still be worth a look. Some of the stocks are trading as if oil is 50 a barrel whereas oil is at 65 right now, ... So even if oil prices were to fall back, that sub-sector would still be undervalued.
More Quotes from Ben Halliburton:
I think now that that is digested, people are looking at some reasonable values our view is that crude oil prices are going to remain high.Ben Halliburton
I think we are likely to remain in a trading range for some time.
Ben Halliburton
The stock market is hoping that the Katrina effect will cause the Fed to stop its campaign, or at least pause, until it becomes clear just how big the impact of Katrina is on the economy.
Ben Halliburton
I'm not quite sure how he thought it was an economic deal at 5 ... I don't think that's the case.
Ben Halliburton
As the major indexes move near four-year highs, there are some risks for stocks. But the economy is growing at a solid pace, as the payrolls number showed, bond yields remain low and there is still excess of capital out there, looking for good returns.
Ben Halliburton
The biggest concern is how high the Fed will go with rates. That's clearly destabilizing the markets and causing choppiness.
Ben Halliburton
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Based on Keywords: sub-sectorI did not destroy the 43 volumes of my diary, which report on all these events and the share I had in them; but of my own accord I handed them voluntarily to the officers of the American Army who arrested me.
Hans Frank
Every day it seems like something happens to assure me I'm in the right place, and that doing anything else would be wrong. I feel so incredibly blessed.
Lucas Grabeel
Hurricane Katrina this past week was certainly the worst episode in what has become an all-too-familiar and tragic cycle, and our nation is now faced with a set of unprecedented challenges.
Jo Bonner