By Lou Carlozo, staff writer, US News.
If you have the dough, you may want to roll the dice and see if your returns grow, from the 10 ideas, one is Seventy Seven Energy (SSE). When you’re making a gamble, it’s hard to resist betting on sevens. Heavy insider buying of stock in this oil field supply and services firm is the key here, according to Jim Osman, CEO of The Edge Consulting Group in London and New York. “Insiders continue to accumulate SSE at lower levels,” Osman says. “But the market is valuing SSE more in relation to the steep fall in the crude oil prices and expectation of even lower prices in the near future.” His advice is to ignore the naysayers and trust the insiders, who’ve paid as little as $6.18 a share in December for a stock he predicts could hit $16.37.