Schlumberger: How Management Confirms the Super Investment Cycle for the Coming Years with Three Reasons. Model Portfolio Position +20 %!
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On Friday, the oil price rose by 6%. On July 27, it drops by 10% due to a ceasefire between Iran and the USA. If our US model portfolio stock Schlumberger shifts into a phase of price strength relative to oil prices, it is proof that institutions are starting to play the super investment cycle story. As a reminder, this is what management communicated on Friday with the positive Q2 numbers. "The regional conflict has intensified the industry’s focus on supply diversification, which is expected to shape the next upswing and underscores the strategic...
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