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At this point, you may have already noticed my increasing interest in oil and gas stocks despite the risks associated with them. With all the events that have recently transpired, I think this is a great time to look for
Noble: Growth Opportunities Supported By Its Financial And Market Positioning
Summary
- Noble Corporation's strategic acquisitions and global presence drive robust revenue growth, high profitability, and strong liquidity, supporting continued expansion and resilience.
- Long-term contracts with major oil companies and diversified offshore operations provide stable revenue streams and insulation from market volatility.
- The stock is undervalued relative to peers, with low P/E and P/B ratios and strong technical indicators signaling bullish momentum and potential upside.
- I rate NE a buy, citing its balanced financials, growth catalysts in emerging markets, and discounted valuation, despite recent market headwinds.
I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. That was also the year when insurance companies became very popular in the PH. Initially, I invested in popular blue-chip companies. Now, I have investments across different industries and market cap sizes. There are stocks I hold for my retirement, while others are purely for trading profits. In 2020, I also entered the US Market. It was about a year after I discovered Seeking Alpha. Originally, I was using the trading account of NY CA-based cousin. Somehow, I acted like his personal broker. That made me more aware of the US market before deciding to open my own account. I decided to write for Seeking Alpha to share and gain more knowledge since I have been trading on the US market for only four years. Like in the ASEAN market, I have holdings in US banks, hotels, shipping, and logistics companies. I discovered it in 2018. Since then, I have been using the analyses here to compare them to the ones I'm doing in the PH Market.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NE over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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