Noble: A Strong Q1, But Re-Contracting Risk Remains An Overhang (Downgrade)

Shares of Noble Corporation plc (NYSE: NE ) have been a very poor performer over the past year, losing about half of their value as weakness in oil prices ( CL1:COM ) has increased concerns aboutOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure: I/we have no stock, ...