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One of the hardest things for many investors to talk themselves into is buying stocks when they're on sale. The investing philosophy of buying low and selling high is backed by years of data.
Former President Trump's improving odds of a second term have already influenced investor behavior. The “Trump trade” is gradually being priced into various sectors.
Long-term stocks are, by definition, stocks that investors plan to hold for a year or longer. Owning these stocks allows investors to ignore the daily ups and downs of the market.
Energy stocks soared in 2022 as prices rose with a rapid rise in demand after COVID lockdowns were lifted and supply shocks due to the Ukrainian war. However, they have since declined, suffering a big blow in 2023 when energy prices remained flat.
Both Halliburton (HAL) and SLB (SLB) look forward to solid momentum in international markets during the second half of the year.
Shares of Halliburton Company HAL were tanking in early trading on Monday, after the company reported its second-quarter results.
Halliburton Company HAL reported worse-than-expected second-quarter revenue results on Friday.
Nucor would be more competitive thanks to Trump's proposed tariffs. Halliburton would see its earnings increase with increased oil and gas production in a second Trump term.
As per Halliburton (HAL), its international business is experiencing solid demand amid high activity levels and equipment tightness across all major basins.
Halliburton (HAL) shares slumped Friday as the big oilfield services provider's U.S. business declined.