Land-based oil drilling companies are gushing profits and this is creating a mammoth opportunity for oil services companies, says Dan Dicker, contributor at TheStreet. Dicker says the best way for individual investors to gain exposure to the sector is through the SPDR S&P Oil & Gas Equipment & Services ETF (XES) which equal-weights its holdings. Dicker prefers the XES to the widely traded Market Vectors Oil Services ETF (OIH), which he says is far too overweight giants like Schlumberger and Halliburton.
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