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Jim Cramer Says Baker Hughes Has More Room to Move Higher

August 28, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS co-portfolio manager Jim Cramer says that while Baker Hughes may be the least favorite of the oil services stocks he’s optimistic about the company’s prospects going forward. Cramer says Baker Hughes’ CEO was practically giddy about the company’s future prospects that shares of the company are not done moving higher. Cramer says the Baker Hughes shares could go up to $60 a piece on the back of how good the company’s earnings conference call was.

source

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