Top 10 High Tech Companies To Invest In Right Now

Top 10 High Tech Companies To Invest In Right Now: Atwood Oceanics Inc. (ATW)

Atwood Oceanics, Inc., together with its subsidiaries, engages in offshore drilling, and the completion of exploratory and developmental oil and gas wells. The company owns semisubmersible rigs, semisubmersible tender assist rigs, jack-up drilling rigs, and submersible drilling rigs. As of November 22, 2010, it operated nine mobile offshore drilling units located in offshore southeast Asia, offshore Africa, offshore Australia, offshore South America, and the Mediterranean Sea. The company was founded in 1968 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Charles Mizrahi]

  Companies rely on third party contractors, such as Atwood Oceanics (ATW) to provide rigs in these deep-water environments. High utilization rates have resulted in rig shortages, creating upward pressure on prices. Atwood's largest customers include Chevron (Australia), Noble, and Kosmos Energy Ghana.

• [By Ben Levisohn]

  The beatings that Seadrill (SDRL),Transocean(RIG),Diamond Offshore Drilling (DO),Atwood Oceanics (ATW) and Rowan (RDC) have taken this year has left them looking attractive to some value investors. Barclays, however, doesn’t think the stocks are as cheap as they look.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-high-tech-companies-to-invest-in-right-now-3.html