Baker Hughes: Valuation Is Full Given Oilfield Service Headwinds (Downgrade)

Shares of Baker Hughes Company ( BKR ) have been a solid performer over the past year, gaining 18%, thanks to growth in its industrial & energy technology (“IET”) unit. Additionally, shares have been given a boost by regime change action in Venezuela, whichOver 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 articl ...