SLB: Backing the Digital Pivot — Buy the Pullback for a 180‑Day Run
SLB is trading around $47.50 with a $71 billion market cap, attractive free cash flow and a Digital segment that management and multiple commentators peg above $1 billion in recurring revenue. The stock has pulled back with the oil price correction, RSI around 40 and short interest modest. We think investors can take a long position at $47.50, targ…