NYSE:MDR

0.70
0.00 (0.00%) 1d
0
COMMENT

Thinks there is room for it to recover, but he has to take a closer look at the financial statements, the earnings, the ratios, etc. It went back on his watch list about 4 months ago. They are a big company and have done well before, which indicates a possibility that they can do it again.

oil / gas field services
HOLD
Good company with a growing order book. Trading at about 14-15 times earnings.
oil / gas field services
DON'T BUY
Engineering off shore oil/gas projects globally. Over 90% of revenues from outside US. Had a bit of a rough 4th quarter but came back with an in line 1st quarter because they spun off the Babcox-Wilcox division. Negative tax implications for Canadian holders, so he exited. Trading at about 15-16 times earnings. Good back log, but less diversified than they were.
oil / gas field services
HOLD
(Market Call Minute.) Planning to split the company into 2 by spinning off the nuclear side. Will keep the engineering for oil and gas.
oil / gas field services
PAST TOP PICK
(A Top Pick Jan 14/09. Up 144%.) Oil/gas construction and power plants. Expecting about $2 a share in 2010 so it is still relatively cheap. Cdn investors should be careful as they announced they are splitting in 2 and spin-off the Babcock and Wilcox so you could be hit with unfavourable taxes.
oil / gas field services
TOP PICK
Engineering and construction company. Has a marine division that builds and maintains underwater oil/gas pipes. Also owns Babcock & Wilcox. Trading at about 6.5X earnings. Has about $4 a share in cash. No debt.
oil / gas field services
WATCH
Builds nuclear/coal fired power plants and oilrig platforms. Judge your entry point by overall market’s entry point. Had a very sharp selloff in January (selling climax). US market is currently giving a test of lows. Once this market reverses, like a high volume up day, that's the time to come in. 1st resistance will be the recent high of a few days ago. 2nd resistance will be at the January highs.
oil / gas field services
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McDermott International Inc.(MDR-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for McDermott International Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

McDermott International Inc.(MDR-N) Frequently Asked Questions

What is McDermott International Inc. stock symbol?

McDermott International Inc. is a American stock, trading under the symbol MDR-N on the New York Stock Exchange (MDR). It is usually referred to as NYSE:MDR or MDR-N

Is McDermott International Inc. a buy or a sell?

In the last year, there was no coverage of McDermott International Inc. published on Stockchase.

Is McDermott International Inc. a good investment or a top pick?

McDermott International Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for McDermott International Inc..

Why is McDermott International Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is McDermott International Inc. worth watching?

In the last year, there was no coverage of McDermott International Inc. published on Stockchase.

What is McDermott International Inc. stock price?

On 2020-01-17, McDermott International Inc. (MDR-N) stock closed at a price of $0.7032.