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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

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Business & Economics

Is Schlumberger Limited (SLB) the Best Falling Stock to Buy According to Analysts?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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79% Informative

Schlumberger Limited ( NYSE : SLB ) is one of the best falling stocks to buy according to analysts.

The company focuses on energy, particularly in the oil and gas sector.

The S&P 500 is already down by about 6% , and the tech-heavy NASDAQ is down by 8% . The pullbacks come on concerns that the tariff war fuelled by Trump could plunge the global economy into recession.

Schlumberger Limited ( NYSE : SLB ) has raised its quarterly dividend by 3.6% and increased its share buyback authorization to at least $4 billion .

The oil field services company has warned of a potential downturn in oil producers’ spending due to the impact of tariffs.

Overall, SLB ranks 3rd on our list of best falling stocks to buy according to analysts.