If you are a fan of National Oilwell Varco (NYSE:NOV), then you are going to love its new spin-off Distribution NOW (NYSE:DNOW). Not only do investors get a truly unique investing opportunity in the oil and gas space, it will be under the guidance of NOV's former CEO Pete Miller who oversaw the transformation of NOV into the ubiquitous oilfield equipment manufacturer it is today. While it may not be a high margin opportunity as other oil services companies, but the opportunity that lies ahead more than makes up for it.
Find out why Fool.com energy bureau chief Joel South and fool.com contributor Tyler Crowe find Distribution NOW to be something worth putting on an investors radar screen by tuning into the video below.
Warren Buffett just bought nearly 9 million shares of this company
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 8.8 million shares. An exclusive, brand-new Motley Fool report details this company that already has over 50% market share. Just click HERE to discover more about this industry-leading stock... and join Buffett in his quest for a veritable landslide of profits!
Joel South has no position in any stocks mentioned. Tyler Crowe owns shares of National Oilwell Varco and NOW. Tyler Crowe has no position in any stocks mentioned. You can follow them on Twitter @TMFEnergy and @TylerCroweFool, respectively.
The Motley Fool recommends National Oilwell Varco. The Motley Fool owns shares of National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.