3 Oil Stocks to Buy Now That Crude Has Turned Bullish
Oil entered bull-market territory this week, after quietly recovering more than 20% over the past few months. Fueling that rally is a vast improvement in market fundamentals. Oil demand, for example, has rapidly accelerated while supplies haven't expanded quite as quickly as feared, which is helping drain the glut of oil that had been sitting in storage.
While many oil stocks caught fire alongside crude and rallied sharply, several top-tier names haven't yet joined the run. Three that stand out are EOG Resources (NYSE: EOG), Halliburton (NYSE: HAL), and Core Laboratories (NYSE: CLB). Here's why this trio could quickly play catch-up, especially if market fundamentals continue getting better and push crude even higher.
Image source: Getty Images.
Source: Fool.com
Core Laboratories Inc. Stock
Currently there is a rather negative sentiment for Core Laboratories Inc. with 0 Buy predictions and 3 Sell predictions..
A slightly negative potential of -10.71% at a current price of 16.8 € for Core Laboratories Inc. is the result of a target price of 15 €.
