National Oilwell Varco (NOV) — Is this a Bottom?

Erik Kobayashi-Solomon

March 3, 2016

[This article originally appeared on Forbes.com] One glance at the chart below is enough to prove that it’s been a tough ride for shareholders of the oil drilling equipment maker better known by its nickname “No Other Vendor”. We set out to figure out if NOV’s stock price was near any kind of valuation “floor” …

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