{"id":8213,"date":"2016-06-30T15:02:04","date_gmt":"2016-06-30T15:02:04","guid":{"rendered":"\/articles\/?p=8213"},"modified":"2016-06-30T15:15:06","modified_gmt":"2016-06-30T15:15:06","slug":"schlumberger-limited-nyseslb-moves-up","status":"publish","type":"post","link":"\/articles\/schlumberger-limited-nyseslb-moves-up\/","title":{"rendered":"Schlumberger Limited. (NYSE:SLB) Moves Up"},"content":{"rendered":"

tags: SLB <\/p>\n

The announcement of the result of thee UK’s referendum to leave the EU created quite a bit of turmoil on the market, and dealt most NASDAQ and NYSE giants a nasty blow, but Schlumberger Limited. (NYSE:SLB<\/a>) seems to have already set out on the road to recovery. <\/p>\n

The strange thing in this whole situation is that even though it has recovered with decisive speed, quite a few online stock analysts seem to still be waving the “sell<\/em>” sign when it comes to SLB<\/a> <\/strong>stock. Case in point – iStreetWire called SLB<\/a> <\/strong>“overbought, sell now” – and there are other commenters that have given similar signs.<\/p>\n

Then there’s analysts such as EngelWoodDaily and ZergWatch report that the company is yet to realize its full potential – which is a position that also seems to make sense.<\/p>\n

True, the fact that Campbell Newman Asset Management Inc has decided to decrease its stake in SLB<\/a> <\/strong>is not a very good sign. Additionally, as EngelWoodDaily pointed out, the SLB<\/a> <\/strong>has underperformed lately. Then again, that news hit the web two days ago, when SLB<\/a><\/strong>‘ hadn’t really set off on its newest bounce.<\/p>\n

Still, regardless of the negativity of many of the analysts looking at it, SLB<\/a> <\/strong>is off to an impressive green start today – it is already 1.98% up in early trading.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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