10 ways to make real money

These hidden values offer the chance for returns that shine -- as long as you've got an appetite for some risk.

2 of 10
2. Oil drillers
Oil drillers
Shares of deepwater drillers and oil services firms have plunged by as much as 50% since the gulf spill. But investors may be punishing the sector indiscriminately. Over the long term, demand for deepwater drilling will remain high.

How to invest: : The price of Transocean has sunk 50% since the accident in April. But while the stock has been pummeled even more than BP's, analysts at Morgan Stanley expect its liability to be limited to claims involving the rig itself -- a relatively small expense compared with the claims BP faces. Meanwhile, Transocean has one of the largest, most technologically advanced fleets in the industry and a backlog of contracts outside the gulf to keep profits growing, according to Morgan Stanley, which says the stock could rise 70%. Don't want to take a chance on a single player? Hedge your bets with Oil Services HOLDRS, an ETF-like fund that invests in 15 oil drilling and services companies.

What could go wrong: Transocean's liability could multiply if a currently unknown act of negligence comes to light.

NEXT: Sound Shore
Last updated August 13 2010: 3:51 AM ET
More Galleries
8 great summer vacation deals Want the perfect summer getaway? MONEY searched for destinations with balmy weather, unique attractions, fun stuff to do, and great deals from four different categories: beach, mountain, culture and city. More
Best ways to catch up on your retirement savings Even the most financially responsible people make a few mistakes or run into obstacles along the way. These tips -- from cutting taxes to selling securities -- can preserve a safe retirement. More
Nearing retirement? Fortify your finances Your financial goals are within reach. Here are tips and tools to make sure you achieve them. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.