Diamond Offshore: Poised to break-out north
Saturday, October 3rd, 2009Filed under: Stocks to Buy Diamond Offshore Drilling ’s (NYSE: DO ) shares are poised to break-out to the upside, hence I’m reiterating my Buy rating on DO, first recommended on June 10, 2009 , at a price of $91.63. Diamond Offshore is considered to be better-positioned than other offshore oil/natural gas drillers for 2009-2010, due to a strong backlog of existing contracts, and a significant cash position

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Diamond Offshore: Poised to break-out north








