What Makes Baker Hughes (BKR) a Good Investment?

Market Overview - The US equity market experienced a rally in the third quarter of 2025, with the S&P 500 Index increasing by 8.12% [1] - Bonds also saw gains, with the Bloomberg U.S. Aggregate Bond Index rising by 2.03% during the same period [1] Performance Analysis - The composite return for the quarter was 7.22% gross of fees and 7.10% net of fees, which underperformed the S&P 500 Index's 8.12% gain [1] - The underperformance of the strategy was attributed to security selection [1] Company Focus: Baker Hughes Company - Baker Hughes Company (NASDAQ:BKR) is highlighted as a key stock in the Core Equity Strategy, providing technologies and services across the energy and industrial value chain [2][3] - The stock had a one-month return of 5.16% and a 52-week gain of 10.64%, closing at $47.51 per share on November 13, 2025, with a market capitalization of $46.882 billion [2] Business Segments of Baker Hughes - Baker Hughes operates through two main segments: Industrial & Energy Technology (IET) and Oilfield Services & Equipment (OFSE) [3] - The IET segment offers a range of technologies and services for clean power, geothermal, hydrogen, and emissions abatement [3] - The OFSE segment focuses on designing and manufacturing products for oilfield operations, while also expanding capabilities for the energy transition [3]