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Schlumberger Limited SLB - News Analyzed: 5,593 - Last Week: 100 - Last Month: 400

⇑ Schlumberger Limited SLB: A Bullish Trend Driven by Increasing Investor Interest and Strategic Portfolio Adjustments from Major Institutions

Schlumberger Limited SLB: A Bullish Trend Driven by Increasing Investor Interest and Strategic Portfolio Adjustments from Major Institutions
Schlumberger Limited (SLB) continues to generate investment interest as hedge funds, financial institutions, and individual investors change their stock holdings. Several big names such as Franklin Resources Inc, Alliancebernstein L.P., Groupama Asset Management, and Allstate Corp have increased their holdings in SLB. Simultaneously, insiders, including Aparna Raman, sold their SHB shares while entities like Cannell & Spears and California Public Employees Retirement System significantly reduce their stake.

The company also won a major drilling contract for Woodside's Trion project offshore Mexico. Wall Street analysts hold a bullish view of SLB, giving it a "Moderate Buy" average rating. SLB shows strong growth prospects, particularly in AI integration within the energy sector. Jim Cramer, a prominent investment personality, asserts that SLB is 'The Best of Breed', indicating strong potential for SLB's future growth.

Schlumberger Limited SLB News Analytics from Tue, 17 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 21:53:54 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor 4

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