Tim Brown: High on Halliburton

The company's stock has fallen more than 53% in the last year and was recently trading at about $17.80. It hit a 52-week low of $15.52 at the end of October. Its high during that period was more than $55.

It has solid revenue number at $17.55 billion. Its return on equity is impressive at more than 27%. And institutions are firmly behind this company. It has 86.8% institutional support. Lastly, this company is very undervalued. Its forward price-to-earnings ratio is 6.19.

Regardless of your opinion on the war, this company should bring home some bacon for investors over the long haul. All the television talking heads will tell you that you can't tell what is worth what in this environment. And evaluating stocks may be difficult because many good ones will be dragged down with the bad ones if the market continues to tank.

However, I can tell you that good companies are good companies and those shops do well over the long haul. And for some, they just don't have a lot of room to fall further. Halliburton is dirt cheap. I am buying.

Keep moving the chains!