Josh Brown Says Baker Hughes (BKR) Is Among the Best Energy Stocks – ‘Stock is Breaking Out’

Group 1 - Baker Hughes Company (NASDAQ:BKR) is highlighted as a stock to watch in the context of increasing investments in AI, despite the overall sector not being favored by some analysts [1] - The stock is considered one of the best in the oilfield service sector, showing resilience after a selloff in April and currently breaking out with a Relative Strength Index (RSI) in the 60s, indicating it is not yet overbought [2] - Concerns about declining oil prices have affected shares, but Baker Hughes is experiencing healthy order trends in its Industrial & Energy Technology segment, particularly in demand for power-generation solutions and is well-positioned for the growth of liquefied natural gas (LNG) infrastructure [2] Group 2 - There is a belief that while Baker Hughes has potential, certain AI stocks may offer higher returns with limited downside risk, suggesting a competitive investment landscape [3]