Here's Why Hold Strategy is Apt for Eni (E) Stock Right Now

Eni SpA (E) has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days.The company, with a Zacks Rank #3 (Hold) at present, has gained 10.7% over the past year compared with 5.6% growth of the composite stocks belonging to the industry. Image Source: Zacks Investment Research What’s Favoring the Stock?Strategic Asset OptimizationEni has demonstrated a commitment to optimizing its asset portfolio through strategic acquisitions and divestitures, significantly enhancing its business ...