|Day Low/High||7.09 / 7.64|
|52 Wk Low/High||4.50 / 15.18|
The stock's earnings beat and low P/E aren't good enough.
SLB doesn't look like it has much downside risk, but it may not be a mover in the near term.
If you are taking some gains don't expect much downside before remounts develop.
I like small oil stocks, and I'm watching recent high-flying Chinese names like iQIYI.
One name I'm adding today is Solaris Oilfield Infrastructure.
Try these options plays on the energy sector into the end of the year.
The applications for this distributed ledger technology are endless.