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Best Relative Performance in the Oil & Gas Equipment & Services Industry Detected in Shares of Mcdermott Intl (MDR , RES , FET , HAL , NOV )

By Nick Russo

Here are the top 5 stocks in the Oil & Gas Equipment & Services industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Mcdermott Intl (NYSE:MDR ) ranks first with a gain of 4.79%; Rpc Inc (NYSE:RES ) ranks second with a gain of 0.79%; and Forum Energy Tec (NYSE:FET ) ranks third with a gain of 0.69%.

Halliburton Co (NYSE:HAL ) follows with a gain of 0.54% and Natl Oilwell Var (NYSE:NOV ) rounds out the top five with a gain of 0.12%.

SmarTrend recommended that its subscribers protect gains by selling shares of Natl Oilwell Var on March 8th, 2019 by issuing a Downtrend alert when the shares were trading at $25.90. Since that call, shares of Natl Oilwell Var have fallen 3.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance mcdermott intl rpc inc forum energy tec halliburton co natl oilwell var

Ticker(s): MDR RES FET HAL NOV