Related posts
TSX edges up, but Wall St. fear ratesFed, banking and recession fears pressure marketsOil slumps, cryptos rally, stocks dipIs bearish because Russia will keep selling deceitfully its oil around the world to fund its Ukraine war. Given this, he trimmed HAL.
(A Top Pick November 10/17 - Down 5%.) Continuous to like it. They have had some issues similar to what Canadian companies have in terms of not being able to get the product out. Not enough pipelines. It is happening in the Permian Basin, in Texas. Easier to solve there. He is expecting $2 a share in 2018 in terms of earnings and $3 next year and the stock is going to reflect that.
An Oil/gas service company? This has done well and broken above its 200-day moving average. It’s broken through that and is now moving higher. The question is, where are oil prices going. If oil prices go too high or move too quickly, then people are going to turn on the taps and oil producers will come back online. On the other hand, they could start doing other things with the money, which would give room for oil prices to move higher. Finds it hard to believe oil will be back to $100, particularly with technology we are seeing these days.
The oil service stocks are starting to show signs of seasonal strength. The seasonal period of strength is from the middle of December right through until the end of April. Technically, the stock completed a reverse head and shoulders pattern, implying upside. Dividend yield of 1.5%. (Analysts' price target is $54.)
Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.
(A Top Pick May 5/17. Down 8%.) Has put this in the International portfolio, really in the context of trying to capture some of the recovery of the oil cycle. The majors are starting to do a little bit of spending. Thinks there is more upside here and it is very cheap.
Halliburton Co is a American stock, trading under the symbol HAL-N on the New York Stock Exchange (HAL). It is usually referred to as NYSE:HAL or HAL-N
In the last year, 2 stock analysts published opinions about HAL-N. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Halliburton Co.
Halliburton Co was recommended as a Top Pick by on . Read the latest stock experts ratings for Halliburton Co.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Halliburton Co In the last year. It is a trending stock that is worth watching.
On 2023-11-29, Halliburton Co (HAL-N) stock closed at a price of $37.255.
The time to buy oil stocks was over a month ago, not now after the price of crude as surged. Where were these "buy" experts? He just sold some shares of HAL into strength to take profits.