Back to top

Image: Bigstock

Halliburton (HAL) Soars: Stock Adds 5.2% in Session

Read MoreHide Full Article

Halliburton Company (HAL - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is down 68.3% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Halliburton currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Oil and Gas - Field Services industry is Oceaneering International, Inc. (OII - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Free: Zacks’ Single Best Stock Set to Double

Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.

See 5 Stocks Set to Double>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Halliburton Company (HAL) - free report >>

Oceaneering International, Inc. (OII) - free report >>

Published in