, chief market technician at Miller Tabak, said at least one of those names is worth a second look.
Schlumberger is currently trading at $34.13. A higher high above $40 implies at least a 17% rally from current levels. It briefly traded above $40 in early January. "All the companies mentioned really have structural issues," Petrides said during the same segment. "If you're going to invest in this group of securities your question is 'what's your, what's your investment intention?' If you're looking purely for incoming yield, I would stay away from these stocks because the quality of the income is not very high."
TradingNation I will take $MO, you can keep the FANG....
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: