About 7% of the funds I track hold long positions in this oil well servicer, and the company has seen a whopping seven different insiders purchasing stock over the past three months.
Since Sr. VP Joseph Henry began this activity in mid-November, shares of Weatherford have gained 42.2%.
This massive appreciation has rewarded mega-hedge fund managers like Dan Loeb and Steven Cohen, and the stock offers value at 1.2 times book and 0.7 times sales.
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