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Relatively Good Performance Detected in Shares of Nabors Inds Ltd in the Oil & Gas Drilling Industry (NBR , ESV , NE , HP , RIG )

By Amy Schwartz

Here are the top 5 stocks in the Oil & Gas Drilling 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:

Nabors Inds Ltd (NYSE:NBR ) ranks first with a gain of 3.07%; Ensco Plc-Cl A (NYSE:ESV ) ranks second with a gain of 2.18%; and Noble Corp Plc (NYSE:NE ) ranks third with a gain of 1.80%.

Helmerich & Payn (NYSE:HP ) follows with a gain of 1.79% and Transocean Ltd (NYSE:RIG ) rounds out the top five with a gain of 1.57%.

SmarTrend recommended that subscribers consider buying shares of Transocean Ltd on April 10th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $10.37. Since that recommendation, shares of Transocean Ltd have risen 29.1%. We continue to monitor Transocean Ltd for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance nabors inds ltd ensco plc-cl a noble corp plc helmerich & payn transocean ltd

Ticker(s): NBR ESV NE HP RIG