Jeff Lewis
Sat, June 13, 2026 astatine 11:52 AM CDT 2 min read
Halliburton Company (NYSE:HAL) is 1 of the 7 Best Turnaround Stocks to Buy successful 2026.
On June 9, 2026, Halliburton Company (NYSE:HAL) entered into a multi-year statement with Pampa Energia to enactment the integer translation of its operations successful Vaca Muerta. Halliburton said the statement supports Pampa Energia's strategy to "scale efficiently, fortify decision-making, and present accordant execution wrong subsurface and operations teams." Under the agreement, Halliburton volition enactment with Pampa Energia to deploy a integer translation programme covering integer orchestration, high-resolution reservoir modeling, logistics optimization, and vigor ratio management.
On June 3, 2026, Citi raised the firm's terms people connected Halliburton Company (NYSE:HAL) to $52 from $47 and maintained a Buy standing connected the shares. Citi updated its models successful the lipid and state instrumentality and services group.
Last month, Barclays upgraded Halliburton Company (NYSE:HAL) to Overweight from Equal Weight with a terms people of $55, up from $37. Barclays said the vigor services assemblage faces its champion setup successful 20 years and upgraded its manufacture presumption to Positive from Neutral. The steadfast said that erstwhile the "supply shock" ends, lipid prices should beryllium structurally higher, with upstream spending accelerating successful 2027 and 2028, perchance driving an net revision rhythm and re-rating for the group.
Halliburton Company (NYSE:HAL) provides products and services to the vigor manufacture worldwide.
While we admit the imaginable of HAL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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