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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I request your opinion on National Oilwell Varco (NOV.us). I have been holding NOV. Didn’t cut my losses . Just as the behavioral science fellows correctly say, I held on to NOV, BHI, and many other oil-related 'enterprises'. I dreamt of fabulous wealth gushing from this black gold. I have now been rudely awakened from slumber. Oil is not, after all, the black gold one thought. Gold remains yellow and elusive, while oil is apparently plentiful. In your opinion , based on your experience, instinct and the data on your Bloomberg , are oil service companies more likely than not to rise in value by end of year ? Is NOV’s dividend safe... or did the Doha Club just pull the rug under us?

I will nurse my many painful wounds as I await your thoughtful response, O Wise One (I am bowing). and thank you for creating 5i and making it available to us.
Best wishes
AO:ls
New York, 12919
Read Answer Asked by Adam on April 18, 2016
Q: Could I get an update on NOV (NovX21, formerly Pro-Or) I've been watching it for some time and it certainly has a good idea and aparently they have proven the technology but I don't see where they are going to get the money from. Is it a high risk buy down at this low price.
Thanks Doug
Read Answer Asked by Doug on May 16, 2014
Q: hello 5i:
some time ago (2013) you suggested that companies such as PD and TCW were on equal footings with NOV. My personal research shows that NOV is very undervalued now(50%ish). Can you comment on NOV and can you suggest Canadian companies that could provide at least as much value, at present valuations.
thanks
Read Answer Asked by Paul on February 07, 2014
Q: Dear Peter,
I hold shares in NOV (National Oilwell Varco). The Co has announced a restructuring. Would it result in negative tax implications for a canadian investor? Do you know when the restructuring will take place? Should I hold or sell for reinvestment elsewhere? Thanks. I appreciate the great service.
Read Answer Asked by jacques on November 27, 2013
Q: Should one be interested in buying National Oilwell Varco (NOV), a US stock at 69$, would you be able to confirm it is something solid and worthwhile ? (Standard&Poor gives it a 5-star rating and a 12-month target price of 95$)Diversification with a good US stock is normally OK, but do you see better fishing in Canada ?
Read Answer Asked by Serge on February 13, 2013