This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Rocket Stocks to Buy as Stocks Bounce

Stock quotes in this article: HAL, TMO, EL, CSCO, BA

Halliburton

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Oil field servicer Halliburton ( HAL) has quietly been carving out some strong performance in 2013, buoyed by sustained oil prices on the high end of their historic range. High oil means that a greater number of oil wells suddenly become economically viable, which drives demand for oil servicers such as Halliburton. HAL is an integrated oil servicer -- the firm does oil and gas companies' dirty work, specializing in drilling, pumping, and project management.

>>5 Stocks With Big Insider Buying

Because Halliburton has positioned itself as an integrated oil service company, it's been able to expand the amount of work it does for any individual project -- and muscle out less-inventive peers in the process. Big oil customers are happy to have a single point of contact with their well servicers, and Halliburton is happy to take all of the jobs on the site. Still, HAL is hardly the first to take an integrated approach to oil field service, so big rivals have a similar clamp on other sites.

International growth is one of the most important areas that HAL can pursue right now. As oil development in markets like Latin America and Asia continue to heat up, Halliburton's ability to snag deals with foreign, government-backed oil firms is going to be paramount to the firm's ability to keep growth rates high. At home, technology holds the promise of invigorating a mature oil industry, especially as more efforts are thrown at extracting oil from shale and oil sand sites that have been too pricey to commercialize in the past.

With a hefty portfolio of oil and gas recovery tech, Halliburton should remain on customers' short-lists when they look for help pulling commodities out of the ground.

4 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs