Dykstra: High Oil Offers Up Solid Options Play

Microsoft(MSFT Quote) blew out earnings Thursday and should help boost the market. Technology stocks have provided solid earnings this past quarter, with the likes of Microsoft and Intel(INTC Quote) becoming growth stories once again.

Although tech has flexed its strength, I would like to once again focus on the oil sector, this time with Hercules Offshore(HERO Quote).

I last wrote about the company on March 21. Hercules offers drilling and lift-boat services to oil and natural gas exploration companies, and with oil booming, these stocks look well poised to rebound from their early summer decline. Yesterday I wrote about Unit,(UNT Quote) an excellent value in oil stocks. Hercules provides an equally attractive play. ...