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Saturday, February 11, 2017

SpeculatingStocks.com Stock Pick



Stock Price: $3.19

Civeo Corp. engages in the provision of remote site accommodations, logistics, and facility management services to the natural resources industry.

CVEO helps workers live a better life in remote oil and gas regions such as in North Dakota and Canada. The company provides services such as food services, housekeeping, laundry, water and wastewater treatment and many other services.


With the Dakota Access and Keystone Pipeline both back underway, there will be a need for CVEO's services more than ever. Investors have already started to catch onto CVEO with the stock moving from $1.80 to a 52-week high over $3.50 recently. Volume has been higher than usual in the last month within CVEO.

The financials of CVEO have room to improve, but with the energy industry about to boom again and how well positioned the company is in a unique marketplace, we could see this stock start to move as investors discover it.

Speculative Score: 8

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky

 
     
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