you're thinking we'll see much higher prices down the road and a company you think will benefit is schlumberger, why? >> because prices collapsed so much, we saw north american drilling activity fall off dramatically. we view that will come back strongly. they had good success outside the u.s., outside north america and we think that they will continue and we like s schlumberger, high quality sheet and their products speak to the activity we think you'll see in the north american drilling environment in the couple years ahead, really. >> let's talk about a stock in the energy area, chicago bridge and iron, cbi ticker there. stock has almost doubled. it's about $80 now. what is your target on this, and what is the attraction? >> it's industrial and a lot of people think of it as one you would probably want to avoid after the run it's had. the natural gas story as it comes back in north america and we move from especially being domestic to an exporter of natural gas, chicago bridge iron has a huge technology footprint in natural gas. they benefit not only from the projects in the north american m

schlumberger, oil. ford, auto. owned by actionalertsplus.com. also owned by actionalertsplus.com. cisco and oracle are too much the same. so what we're going to do is we're going to sell oracle, okay, and bring in a high quality drug company. we're going to bring in johnson & johnson. all right. now i'm going to amin in new york. >> caller: hey, jim, how are you doing? >> how are you? >> caller: i'm good. i'm on my way to boston. my stocks are ebay, starbucks, rs, ip, and px. >> all right. go to work on this. again, we see a pattern here. we got to do some work again. ebay technology, and also a retailer. okay? more of a technology play because of paypal. starbucks, okay, that's an actual out and out retailer. we know that. regions financial, a bank company. international paper, obviously the largest paper company in the world. and then blackstone. you know what, these are too much alike. they are both financials. this is private equity. you know what, this portfolio also needs a pharmaceutical. this portfolio, we sell regions and we buy j&j. "m

where companies like pioneer natural resources and service companies like halliburton and schlumberger had huge returns this year. with slow growth, many investors are agitating for exxon to return more cash to shareholders through a higher evident or buy back more stock. today exxon maintained the buy back program but did not increase it. for "nightly business report", at the new york stack exchange. >>> the obama administration called in powerful ex terminators to kill the bugs in the health care.glove website. experts are working with the firms that developed the struggling online marketplace to ensure stability and security for the millions of health insurance shoppers. >>> for the first time in five years, the federal government ran a budget deficit below $1 trillion. thanks to the cuts in the sequester and higher taxr revenues, the budget short fall for 2013 $2013 is $680 billion, lowest since 2008. >>> coming up, cities that have one or two days of cash on hand left. the ramifications coming up but first, a look how international markets faired today. >>> the buckle of the day w

morgan schlumberger -- >> yes, this has been oil fracking services company.rowth is strong. >> good? >> lumbering a little bit. free cash flow. not enough to basically service. >> you've got a basket of goods. software and services. >> spdr, cheap, cheap, cheap. great way to play. sde de dre decent. >> if you can't quit buying sector funds, buy it cheaper. >> ben bernanke let's to put money, worse. >> morgan, good or bad for gold? >> same thing production decline. >> that's it for "forbes on fox." thanks for watching. have a great weekend. >>> one month into obama care and one thing's clear, it ain't ready for prime time. but what's really up their sleeve? >> single payer. single payer system. >> single payer plan. >> single payer, that's part of the government run health care big brother style. is that what they've se cently wanted all along? we report, you decide. >>> plus, we have been warning you about obama care for years but only now the mainstream media is catching on. asleep at the wheel or is liberal media slow walking the story. >>> and then, it's t

schlumberger, transocean, carl did that deal. i cannot bless that.haniel in virginia. >> caller: great big booya. how you doing today? >> allen iverson boohay. >> i invested in apple. it feels like a soap opera. >> i agree. they could buy netflix or twitter. instead it gets no respect. this has become the rodney dangerfield of stocks. it deserves more respect and it doesn't need to go back to school. that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. >>> the the second hunger games movie comes out next week. instead of doing the arena style death match, we're paying tribute to the franchise by talking about hunger gains. stocks like white wave foods, wwav, milk, coffee creamer, soy and almond milk based products, plant based, spun off from dean foods a year ago. the healthy eating category took a hit when whole foods delivered a not great quarter. we don't need to worry. the company reported last thursday, 1% earnings, 18% basis. 11.1%, double digit year over year. their operati

i do like schlumberger more. let's go to farnum in texas. >> caller: i'm truly amazed at your wisdom and knowledge of this vast stock project. >> thank you. i always wish i was smarter and have to work harder. what's going on? >> caller: help me with this. do i buy, sell some, or do i hold home depot? >> no reason to sell home depot. i want to be a buyer of home depot. it's a great american company. mr. blake has done a terrific job and it's not expensive. i bless home depot. that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help

on the oilfield services side, you have big names like halliburton, schlumberger declining 1.5% apiece earnings beat by the company yesterday afternoon. carl, back over to you. >> dom, thank you so much. >>> the shooting at new jersey's largest mall has many wondering how safe are america's malls. our courtney reagan is back at hq with more on that. good morning. >> good morning, carl. it seems like no place is safe from violence -- schools, airports, marathons, malls -- and while it's hard to track foot traffic at malls, many believe it does contribute to uneasy sentiment. cnbc contributors say shoppers have short memories and will still hit the malls. but they believe fear will be heightened, even though it's fleeting. retailers will need to send signals to shoppers to let them know that they are, in fact, safe. mark cohen, former ceo of sears canada says fear may sideline shoppers temporarily, sending them online to shop instead of in store. in sad reality, foot traffic actually increases to the locations of the violence, as some want to visit the scene and see it for themselves. co

everybody in the shale and equipment end of the business, the halliburtons and slumbchlumberger schlumbergers0 to 34 on the container store. back to you. >> we'll be checking in again i have a feeling, bob. let's go to the bond pits and check in with rick santelli. rick? >> thank you. we finished the end of last month on a 10-year at 2.61, we're hovering at 2.58. maybe the most important issue is that technicians really nailed it. at 10:40 today, i'll tell you why they nailed the low yield at 2.47 the day before yesterday. we can talk about all the reasons and tapers and blah, blah, blahs but the real issue down here is who really is going to control the market and how quickly it flexes its muscles. look at the two-day chart of 10s. you can see where yields are going. if you open the chart up in mid june, it's hard to predict how long it will stay above and what momentum it will build. the quote, unquote, risk-free area of the yield curves and fixed income market, let's look at some etfs. if you look at the lqd, you can clearly see all the risks are about the same, they're turning and that ma