Habliburton is becoming an interesting stock to potentially buy. The stock is off its high of almost $60 dollars in early January. Its trading in the $43 dollar range. In 2016, Halliburton was below $30 dollars a share off its high of $74 dollars in 2014.
Haliburton is a very volatile stock over the last four years. Oil and Energy stocks are down significantly this month. EMSTP will continue to watch Haliburton closely. TIPRANKS has 9 out of 10 experts as a buy. EMSTP is not recommending to buy Haliburton at this time but if it goes below $40 dollars a share, EMSTP will purchase 1/2 a position and will purchase another 1/2 a position if it goes below $35 dollars a share.
This is a stock that you buy when Oil is low and sell when Oil is high. At this time, Oil is low but it can continue to go lower. However, if you can wait 6 to 12 months, you should see Oil go up and make significant profits.
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