Jim Cramers Likes Schlumberger Limited (SLB)

By Craig Jones
Benzinga Staff Writer
February 04, 2010 6:50 PM

Symbols: SLB

Posted in: CNBC, Long Ideas, Jim Cramer, Media, Trading Ideas

Jim Cramer said in an interview with Erin Burnett on CNBC that he wants to buy Schlumberger Limited (NYSE: SLB) right now.

He said that Schlumberger (SLB) doesn't trade on oil futures, it trades on big countries deciding it's time to drill. Cramer added that he never thought he would be able to get in the SLB at these levels.

Schlumberger Limited (SLB) fell 4.71% today and closed at $62.88. It had a volume of 9.69M traded shares.

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Jim Cramers Likes Schlumberger Limited (SLB)

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