Why Is Baker Hughes Company (BKR) Among the Best American Energy Stocks to Buy According to Hedge Funds?

By Yahoo! Finance | Nov 30, 2024 at 07:43 AM EST

The article discusses the status of Baker Hughes Company in the American energy sector, highlighting challenges like oversupply, low oil prices, and global economic issues affecting demand. Despite these challenges, the energy sector has shown growth, but faces obstacles like aging infrastructure and the shift towards renewable energy sources.

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