Focus Stock of the Week

This week’s Focus Stock of the Week is QUANTA SERVICES, INC. (PWR: $29.12), which carries S&P Capital IQ’s highest investment recommendation of 5-STARS, or Strong Buy. After several years of a subdued spending environment, with anemic power demand as customers were reluctant to spend on large, capital-intensive projects, we think capital investments will rebound during 2015, as economic conditions recover...
Industry Profile

Oil & Gas Equipment & Services

Our fundamental outlook for the oil and gas equipment and services sub-industry for the next 12 months is negative. After a sudden and significant decline in crude oil prices, and continued malaise in natural gas prices, we think upstream customers are likely to pull in the reins on capital spending in 2015, which should adversely affect interest in oilfield services in the near term...
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