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SLB
Forbes
209 days

What's Driving SLB's Stock Price Upward?

1. SLB stock is up 14% in 2024, outperforming S&P 500. 2. SLB reported Q4 2024 earnings beating revenue expectations. 3. International revenue up 12% from robust digital sales. 4. Forecasted revenues for FY 2024 expected at $38.1 billion. 5. Long-term outlook optimistic due to strengthening oil markets.

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FAQ

Why Bullish?

SLB's strong earnings and international growth signal financial resilience. Past performance shows significant rebounds in similar situations.

How important is it?

SLB's financial performance and growth prospects are critical to its valuation. Positive trends in international markets indicate potential for sustained success.

Why Long Term?

Sustained international growth may improve SLB's market positioning over time. Historical trends favor robust returns from expanding international markets.

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