Baker Hughes - Oilfield service provider benefits from increasing investments in the oil industry!
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Business driver: Baker Hughes (BKS) has established a strong market position as an oilfield service provider. The company is particularly well-positioned in the Industrial & Energy Technology (IET) sector, where it offers turnkey solutions related to natural gas and LNG segments. Overall, Baker Hughes is likely to benefit from the prospect of increased investments aimed at modernizing outdated oil and natural gas infrastructure, particularly in Venezuela. Additionally, the cloud and data center boom opens up interesting growth prospects for...
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