One contributor says “sell” and the other recommends a “buy” on this oil and gas industry servicing company.
Sell: Core Laboratories NV (CLB)
from Louis Navellier’s Blue Chip Growth Updated from Investment Digest 751, November 20, 2013
I recently provided an update on Core Labs (CLB) and how the stock hasn’t lived up to my expectations. In the wake of the stock’s disappointing performance and the latest round of analyst downgrades the time has come to cut ties with CLB. I apologize for the stock’s lackluster performance but I truly expect our two new energy plays to outperform expectations where Core Labs missed the mark. Sell CLB at a 16% loss.
Louis Navellier, Blue Chip Growth, www.bluechipgrowth.com, 800-718-8289, July 2014