Jim Cramer Says Baker Hughes Company (BKR) Is ‘Winning' [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
Jim Cramer, host of Mad Money, emphasized the ongoing significance of fossil fuels in supporting technological advancements, even as investments in renewable energy continue to increase. He stated: “This is not just a grudge match between the old and the new, a battle of electric vehicles versus internal combustion. The truth is, fossil fuels are essential for a lot more than vehicles, like it or not.” READ ALSO Jim Cramer is Talking About These 12 Stocks and Jim Cramer's Latest Stock Picks Cramer highlighted the growing energy demands of major tech companies, noting that the data centers they are constructing consume vast amounts of electricity. While these tech giants are making substantial investments in nuclear energy, he pointed out that this power source is unlikely to significantly impact data centers for at least another decade due to the complexities of building nuclear facilities and community resistance to having them nearby. “If we need more energy, we're going to
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BKR
News
- Why Is Baker Hughes (BKR) Up 19.8% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Baker Hughes Expands Namibian Presence with Liquid Mud Plant, Cement Bulk and Multi-Modal FacilitiesGlobeNewswire
- Gravel Pack Strategic Industry Research Report 2024-2030: Focus on Reducing Sand Influx Strengthens Business Case for Gravel Pack Solutions [Yahoo! Finance]Yahoo! Finance
- A brush with brokers recommending a soon-to-be bankrupt metals recycler - and Bre-X Minerals [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Citigroup Inc. from $42.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
BKR
Earnings
- 10/22/24 - Beat
BKR
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 13F-HR
- 11/14/24 - Form 13F-NT
- BKR's page on the SEC website