Credit Suisse analyst James Wicklund noted that oil has dramatically outperformed oilfield equipment and services stocks and he thinks the equities should outperform crude from here, even if oil declines. In fact, recent oil price weakness enhance Halliburton's relative competitive positioning given its "stronghold" on the North American market, he tells investors. Oilfield fundamentals are "very strong," adds Wicklund, who recommends purchasing shares of Halliburton at current levels and keeps an Outperform rating and $60 price target on the stock.