SLB N.V. (NYSE:SLB) is one of the noteworthy S&P 500 stocks Jim Cramer highlighted. Cramer highlighted that while the President’s “drill baby, drill” policy could be bad for the oil producers, it could be “great for the oil service industry,” as he stated: At number nine on the list of January’s top performers is SLB. Yeah, that’s the old Schlumberger. It gained 26% last month. Now, the oil service titan [is a] good proxy for the broader energy sector, typically. I’ve been skeptical on all things oil beca ...

Group 1 - SLB N.V. is facing challenges due to a difficult macroeconomic environment, with OPEC+ supply increases and geopolitical uncertainty negatively impacting oil prices and upstream investment activity [2] - The company experienced revenue softness and margin pressure in its Reservoir Performance and Well Construction segments, despite strong contributions from Digital and Production Systems services [2] - There are medium-term tailwinds expected as national oil companies increase investment in long-cycle projects to counter anticipated production declines, positioning SLB as a leading oilfield services provider [2] Group 2 - Jim Cramer expressed caution regarding SLB's upcoming report, noting the current crude oil price below $60 per barrel may hinder the company's ability to deliver strong results [1] - Ariel Investments highlighted that SLB traded lower during the third quarter of 2025, reflecting the challenging market conditions [2] - The company is recognized for its unmatched scale and broad technical capabilities, which are essential for meeting rising global energy demand [2]

Group 1 - SLB N.V. (NYSE:SLB) is highlighted in Jim Cramer's game plan, indicating its significance in the current market [1] - Cramer expresses a bearish outlook on oil prices, suggesting that oil could drop below $60, potentially reaching $55 [1] - SLB provides a range of services and technologies for the energy sector, including field development, hydrocarbon production, and carbon management [1] Group 2 - Cramer advises caution regarding SLB stock, indicating a preference against oil stocks and suggesting to "keep watching" without making a purchase [1] - The article suggests that certain AI stocks may present better investment opportunities with higher upside potential and lower downside risk compared to SLB [1]