According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best oil & gas equipment & service stocks to buy right now are:
1. Forum Energy Technologies (NYSE:FET)
The Component Grade breakdown for Forum Energy Technologies (NYSE:FET) is: Value: C, Growth: A, Momentum: A, Sentiment: C, Safety: B, Financials: B, and AI: C.
Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -15 points lower than the oil & gas equipment & service industry average of 33. Although this number is below the industry average, our proven quant model rates FET as a "A".
FET passed 5 out of 33 due diligence checks and has weak fundamentals. Forum Energy Technologies has seen its stock return 308.51% over the past year, overperforming other oil & gas equipment & service stocks by 215 percentage points.
2. Halliburton Co (NYSE:HAL)
Halliburton Co (NYSE:HAL) is the #2 top oil & gas equipment & service stock out of 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Halliburton Co (NYSE:HAL) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: A, Financials: B, and AI: C.
Halliburton Co (NYSE:HAL) has a Due Diligence Score of 40, which is 7 points higher than the oil & gas equipment & service industry average of 33.
HAL passed 14 out of 38 due diligence checks and has average fundamentals. Halliburton Co has seen its stock return 90.29% over the past year, underperforming other oil & gas equipment & service stocks by -3 percentage points.
Halliburton Co has an average 1 year
price target of $39.94, a downside of -1.05% from Halliburton Co's current stock price of $40.36.
Halliburton Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Halliburton Co, 56.25% have issued a Strong Buy rating, 6.25% have issued a Buy, 31.25% have issued a hold, while 0% have issued a Sell rating, and 6.25% have issued a Strong Sell.
3. Flowco Holdings (NYSE:FLOC)
Flowco Holdings (NYSE:FLOC) is the #3 top oil & gas equipment & service stock out of 49 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Flowco Holdings (NYSE:FLOC) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: C.
Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 35, which is 2 points higher than the oil & gas equipment & service industry average of 33.
FLOC passed 14 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock return 21.76% over the past year, underperforming other oil & gas equipment & service stocks by -72 percentage points.
Flowco Holdings has an average 1 year
price target of $28.67, an upside of 19.15% from Flowco Holdings's current stock price of $24.06.
Flowco Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Flowco Holdings, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.