As the deep-sea oil exploration industry heats up, one company leads the way in providing remote-operated vehicles that enable the drilling technology. Already commanding 30% of the market, this stock is one to watch closely in 2013.
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One stock to watch in 2013.
About the Author
A multi-decade Fool, Andy loves investing and teaching others the power of long-term, business-focused investing. His favorite companies compound earnings for many years because they have a leading competitive position and a solid financial position.
TMFOpie has no position in any stocks mentioned. The Motley Fool recommends Oceaneering International. 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.
Stocks Mentioned
Oceaneering International
OII
$22.39
(5.96%)
$1.26
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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