Schlumberger Limited (SLB) is receiving
increased attention from both Wall Street and hedge funds. Net positive sentiment indicates that Schlumberger may be one of the best affordable energy stocks to buy. The company's strong
Q3 earnings, which surpassed estimates, and a contract for
OneSubsea, plays a significant role in hedge fund attraction. Moreover, a significant number of stocks were bought by
International Assets Investment Management LLC and others. However, mixed feelings persist with
Oak Harvest Investment Services and
Boston Trust Walden Corp selling their stakes.
Jim Cramer praised Schlumberger, referring to it as the best in its class and an amazing company, leaning towards purchasing SLB shares.
Artificial Intelligence (AI) and the digital transformation of energy are expected to initiate further growth, with risk mitigation due to longer-cycle projects. Schlumberger is also seen by analysts as a valuable long-term pick and top growth stock. A warning about mute Q4 revenue and recent stock performance dips, are the only gray clouds. However, these dips combined with strong fundamentals prompt many analysts to proclaim the sluggish performance to be temporary.
Schlumberger Limited SLB News Analytics from Sun, 31 Mar 2024 07:35:10 GMT to Sat, 02 Nov 2024 10:42:40 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -2
