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Mother Lode

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Mother Lode

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Tuesday, 01/30/2024 6:01:05 AM

Tuesday, January 30, 2024 6:01:05 AM

Post# of 4090
"12 Best Oil Stocks to Buy for 2024"
"12. Transocean LTD (NYSE:RIG)
Number of Hedge Fund Investors: 47

Headquartered in Switzerland, American drilling company Transocean LTD (NYSE:RIG) is one of the best oil stocks to buy for 2024 according to hedge fund investors.

A total of 47 hedge funds tracked by Insider Monkey were long Transocean LTD (NYSE:RIG) as of the end of the September quarter.

In November 2023, BofA published a list of stocks that had underperformed but the bank said these companies had the potential to gain value in the future. Transocean LTD (NYSE:RIG) was part of this list of stocks.

In addition to RIG, hedge funds also love Exxon Mobil Corp (NYSE:XOM), Occidental Petroleum Corp (NYSE:OXY) and Chevron Corporation (NYSE:CVX)."

https://finance.yahoo.com/news/12-best-oil-stocks-buy-103659823.html
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