Hot Life Sciences Stocks For 2015

Hot Life Sciences Stocks For 2015: Transocean Inc.(RIG)

Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. The company also offers well and logistics services. In addition, it engages in oil and gas exploration, development, and production activities primarily in the United States offshore Louisiana and Texas, and in the United Kingdom sector of the North Sea. As of February 10, 2011, the company owned, had partial ownership interests in, and operated 138 mobile offshore drilling units, including 47 high-specification floaters, 25 midwater floaters, 9 high-specification jackups, 54 standard jackups, and 3 other rigs, as well as 1 ultra-deepwater floater and 3 high-specification jackups under construction. Transocean Ltd. was founded in 1953 and is based in Zug, Switzerland.

Advisors' Opinion:

• [By Ben Levisohn]

  There’s good news and bad news for offshore drillers today after Statoil (STO) canceled the contract on Diamond Offshore Drilling’s (DO) Ocean Vanguard rig. The bad news is that it’s another sign that demand for rigs is still not there. The good news is that while Diamond Offshore has gotten hammered, other drillers like Noble (NE), Transocean (RIG) and Seadrill (SDRL) have weathered the announcement better than many would have expected.

• [By John Divine]

  The S&P 500 Index (SNPINDEX: ^GSPC  ) finished higher for a sixth time in the last seven days, reaching yet another all-time closing record on Monday. Six out of 10 sectors finished higher as manufacturing data in the U.S. and China reassured investors that the global economic recovery isn't in danger of ending anytime soon. Shareholders invested in Lorillard, (NYSE: LO&! nbsp; ) , Diamond Offshore Drilling (NYSE: DO  ) , and Transocean Ltd. (NYSE: RIG  ) didn't get the memo, however, as each stock ended near the bottom of the S&P today.

• [By Aaron Levitt]

  The offshore contract drilling sector is dominated by larger firms like Transocean (RIG) and Noble (NE). However, with a market cap of just $3 billion, Atwood Oceanics (ATW) could be in the sweet spot for investors looking at midcap energy stocks.

• [By Ben Levisohn]

  The upgrade hasn’t just lifted Diamond Offshore Drilling, but has given a boost to offshore drillers like like Transocean (RIG), Atwood Oceanics (ATW), Noble (NE) and Ensco (ESV) as well.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-life-sciences-stocks-for-2015.html