Top Up And Coming Stocks To Buy Right Now

Top Up And Coming Stocks To Buy Right Now: Carbo Ceramics Inc. (CRR)

CARBO Ceramics Inc. manufactures and supplies resin-coated ceramic and resin-coated sand proppants primarily used in the hydraulic fracturing of natural gas and oil wells in the United States and internationally. The company offers proppants, including CARBOHSP and CARBOPROP designed for use in deep gas wells; CARBOLITE used in medium depth oil and gas wells; CARBOECONOPROP; CARBOHYDROPROP used to enhance performance in slickwater fracture treatments; CARBOBOND LITE for oil and natural gas wells that are subject to the risk of proppant flow-back; and CARBOBOND RCS, a conductivity proppant. It also provides fracture simulation software, as well as offers fracture design, engineering, and consulting services to oil and natural gas companies. In addition, the company provides a range of technologies for spill prevention, containment, countermeasures, and geotechnical monitoring, as well as offers monitoring systems and services for bridges, buildings, tunnels, dams, slopes, e mbankments, volcanoes, landslides, mines, and construction projects primarily for customers in auto racing teams, surveyors, experimental physicists, radio astronomers, and naval architects markets. It principally sells its products and services to operators of oil and natural gas wells, and oilfield service companies. The company was founded in 1987 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Jim Fink]

  Picking the right stocks is only half the battle. You have to know when to sell. This can be harder than you think: having done enough research to appreciate the positive aspects of a company, you may be inclined to disbelieve information that its expansion strategy is not working out as well as predicted, or that the stock price is simply overvalued.
   
  One of the investment choices at Roadrunner Stocks th! at I am proudest of this year was my "sell" recommendation on Carbo Ceramics (NYSE: CRR) on June 5 of this year. At the time the stock price was up around 136. Since then, it has collapsed by more than 50 percent in less than four months. At last look it was selling at around 66. Quite a drop!
  
  Here's what I wrote at the time: "Carbo Ceramics is still a great company, but its stock price appears fully valued and has run up on speculation concerning its Kryptosphere proppant for deepwater drilling applications. Given the forecast for deepwater slowdown , the excitement over Kryptosphere is probably overdone and setting the stock up for disappointment. In any event, Carbo Ceramics is the most expensive stock in the Value Portfolio, has a high short interest-to-float ratio above 20%, and no longer qualifies as cheap, so it's time to let go."
  
  Why were we in favor of Carbo Ceramics to begin with? The firm recently introduced its most high-tech ceramic proppant to date: Kryptosphere. This new proppant targets the deepest (30,000+ feet down), highest-pressure deep-water wells in the Lower Tertiary of the Gulf of Mexico. The pressure per square inch (OSI) in these deep-water wells can exceed 20,000 pounds and Kryptosphere is the only proppant that can handle this enormous stress level without collapsing. According to Carbo, Kryptosphere is the "strongest, highest conductivity proppant ever made." 
  
  Besides the fact that Carbo raised its dividend for 13 consecutive years and has a debt-free balance sheet, the main reason I lik

• [By Luke Jacobi]

  CARBO Ceramics (NYSE: CRR) shares tumbled 16.1 percent to $70.91 after the company provided an update concerning marketplace conditions and related impact to sales volumes.

• [By Garrett Cook]

  CARBO Ceramics (NYSE: CRR) shares tumbled 17.85 percent to $69.43 after the company provided an update concerning marketplace conditions and related impact to sales volumes.

source f! rom Top Stocks For 2015:http://www.topstocksblog.com/top-up-and-coming-stocks-to-buy-right-now-3.html