In the larger context of offshore energy equipment companies, Cameron's (NYSE:CAM) weak second quarter wasn't unique. Even so, this was the second straight weak quarter at Cameron, and with these stocks trading off of orders (which came up about 20% light) that's a problem. While I continue to believe that Cameron is gearing up for a period of significant revenue, margin, and order growth, I won't pretend that execution risks are now front and center with this story. So though the shares continue to look undervalued, the above-average likely volatility doesn't make them suitable for all investors.
Please read the more here:
http://www.investopedia.com/stock-analysis/072613/cameron-seeing-beginning-end-or-end-beginning-cam-fti-slb-drc-fet.aspx
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» Investopedia: Is Cameron Seeing The Beginning Of The End, Or The End Of The Beginning?
Friday, July 26, 2013
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