2023-04-29 05:48:00 ET
Despite a slowing economy, the relatively high price of oil has persisted. As a result, properly diversified investors will undoubtedly include some energy stocks in their portfolios. One strong candidate for inclusion is oilfield services and equipment company Baker Hughes (NASDAQ: BKR) . Here's why the stock is a buy right now.
There are four key reasons to buy the stock:
These reasons received support from the recent results, and it adds up to make the stock attractive for investors.
For further details see:
This Energy Stock Is a Screaming Buy