The following video is from Tuesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Michael Olsen dissect the hardest-hitting investing stories of the day.
National Oilwell Varco (NYSE: NOV ) is up on the news that it will spin off its distribution business in 2014. Applied Materials (NASDAQ: AMAT ) hits a five-year high on the announcement that it is merging with Tokyo Electron to form a $29 billion chipmaking equipment giant. Boeing (NYSE: BA ) stock is on the rise despite losing out on a contract to provide 60 F-15 fighters to South Korea. And third-quarter profits for Carnival Cruise Line (NYSE: CCL ) fell 30%. In this segment, Jason and Michael take a look at four stocks making moves.
OPEC's worst nightmare
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 2.19 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!