Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
A few moments ago I purchased Position #20, after getting a 'permission slip' yesterday after my partial sale of Kyphon at a gain. (See my previous entry for more details on that transaction).
Looking through the list of top % gainers today, I came across National Oilwell Varco (NOV) which as I write, is trading at $116.47, up $4.14 or 3.69% on the day. I have not discussed this stock previously, and I owe all of you a good review.
I purchased 105 shares at $117.92, so I am actually down a bit over a point on this one already :(. NOV announced strong 2nd quarter 2007 results today which drove the stock higher in trading. The 5-Yr Restated Financials on Morningstar.com appear solid. And I went ahead and bought some shares! Wish me luck. I am a bit under my purchase price already, but time will tell if this one works out.
NATIONAL OILWELL VARCO (NOV) IS RATED A BUY