Schlumberger Limited (SLB) has gained considerable attention from market investors and analysts recently. The company's personnel, particularly EVP Abdellah Merad, made significant
share transactions, while noted analyst
Jim Cramer endorsed the stock, calling it '
Best of Breed'.
Investment firms including BKM Wealth Management, Greystone Financial Group, Robinson Value Management, have acquired sizeable holdings, demonstrating a strong market sentiment towards SLB. Despite warning of
muted Q4 revenue, SLB's
quarterly profit beat expectations. Some rumblings surround SLB's exemption to
Russian sanctions, with US lawmakers asking questions.
Future innovation with AI and an
increasing growth forecast further boosted investor interest. There's speculation that SLB is leveraging a partnership with
NVIDIA and its
strong Q2 performance for future growth. Amid these developments, analysts from firms like
Stifel Nicolaus, Citigroup, Goldman Sachs and more, maintain
bullish outlooks on SLB.
Schlumberger Limited SLB News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Sat, 26 Oct 2024 13:28:47 GMT -
