MarketBeat offers numerous tools to investors, but the single most significant is the MarketRank™ tool. The MarketRank feature aggregates data for over 1.5 million global listings in eight categories and ranks them accordingly. The overall score runs from a low of one to a high of five, meaning a Five Star stock ranks within the top 1%, making it a high-probability target for long-term-oriented investors. Analysts' sentiment, news sentiment, ownership, short interest, earnings, and valuation are among the categories tracked. This is a look at the top three names heading into October.
Schlumberger Is the Number One Pick For October Investors
Texas-based Schlumberger (NYSE: SLB) is the world's largest oilfield services company, offering various services, including reserve management, production, and digitization. The company and the industry are supported by a super-cycle driven by years of underinvestment leading into the post-pandemic era and the need for modernization and efficiency.
Results in 2024 include sustained double-digit top-line growth, margin expansion, and robust cash flow to support its dividend. Schlumberger is well-regarded as a dividend growth stock with the potential to sustain distribution growth indefinitely due to the low payout ratio, cash flow, and balance sheet. The stock yields about 2.6%, with shares trading near a two-year low, providing a value-based entry point for dividend growth investors.
Analyst sentiment cooled somewhat over the summer, but the 19 tracked by MarketBeat continue to rate the stock as ...
