Nabors Industries Ltd. (NBR) Is A Top Stock To Buy According To Bill Miller

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We recently published Bill Miller Portfolio: Top 10 Stock Picks . Nabors Industries Ltd. (NYSE:NBR) is one of the top stock picks.

Nabors Industries Ltd. (NYSE:NBR) is a large oil and gas drilling company with operations all over the world. The shares are up by 140% over the past year and by 48% year-to-date. RBC Capital discussed the firm in July as it kept a Hold rating and a $200 share price target. Media reports have suggested that the hostilities in the Middle East have benefited Nabors Industries Ltd. (NYSE:NBR) as oil supply disruptions have increased focus on oil drilling companies. This effect also appears to be present in the share price as the stock lost 13.9% between June 15th and June 24th after the US and Iran ceased hostilities.

Earlier in the year, in May, Barclays discussed Nabors Industries Ltd. (NYSE:NBR)'s stock. Barclays significantly raised the share price target to $99 from $65 and bumped the rating to Equalweight from Underweight. To justify its coverage, Barclays remarked that the energy services sector was in its best position in two decades.

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Sinergia Empresarial continuará el seguimiento de esta información sobre nabors Industries Ltd. (NBR) Is A Top Stock To Buy According To Bill Miller y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.