TechnipFMC Stock Rallies to 52-Week High: Buy, Hold or Sell?

Oilfield services provider, TechnipFMC plc (FTI) has given an impressive performance since the beginning of 2024. Continuing its uptrend, the stock closed Thursday’s session at $30.02 after setting a new 52-week high of$30.23 earlier in the day. As shown in this chart, with the advance, FTI shares are up nearly 50% this year, comfortably outperforming the S&P 500. The company is also faring better than its peers like Oceaneering International (OII) and Core Labs (CLB) .FTI, OII and CLB Year-to-Date Stock P ...