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15-Dec-07

RIG Watchlist idea

Watchlist Idea for RIG.

This stock passes Louis Navellier's growth criteria with an A. These criteria are: 1) Positive earnings revisions; 2) Positive earnings surprises; 3) Increasing sales growth; 4) Expanding operating margin; 5) Strong cash flow; 6) Earnings growth; 7) Positive earnings momentum; 8) High return on equity.. IBD's overall rating based on fundamantals and technicals is A+. I will buy this on a high volume breakout above the buy price of 140. Initial stop = 120.16. Eventual sell price to be determined by my trend following system. . Cap =42160. PSR =7.37. RS =94. Acc/Dis score =B-. It's currently in a 6. -week sideways pattern.

Tagged Stocks: RIG

 

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