Schlumberger Shows Why It's the Best

The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics relating to their 10-Bagger portfolio.

Schlumberger reported strong second-quarter results, and the stock looks attractive. Along with Baker Hughes, the oil-field services leader saw strong demand and revenue increased 16%. There’s been plenty of worry about fracking, which has had an impact on the industry, including Halliburton and C&J Energy Services. So Schlumberger's results may give the industry a lift. The company continues to invest in seismic technologies for its WesternGeco business, which competes with companies like Dawson Geophysical.

John and David are interested in Schlumberger for their 10-Bagger portfolio. It’s a great technology company and trades at a good price. They intend to take a closer look at the entire industry. There appear to be lots of opportunities.

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