2024-01-27 04:10:46 ET
Summary
- Businesses globally are preparing for a new reality of high interest rates as central banks raise rates to combat inflation.
- Tenaris SA, an oilfield equipment and services company, stands out with its strong balance sheet and low debt levels.
- Tenaris has reported impressive financial results, including increased sales volumes, high margins, and substantial cash flows, making it an attractive investment option.
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Tenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet