economy
January 8, 2026
Pro Pick: Stephanie Link says this oil stock is cheap and poised to benefit from the data center boom
Link said this oilfield services stock is one of her favorites for 2026.
TL;DR
- SLB is a favored stock for 2026 due to industry recovery and company fundamentals.
- Industry growth is expected to improve, driven by power demand for AI, data centers, and grid repair.
- International activity is projected to increase, with substantial capital expenditure improvements in the Middle East.
- SLB benefits from its leadership position, double-digit revenue growth, and AI-powered digital solutions.
- A recent acquisition of ChampionX is expected to yield $400 million in synergies.
- The company plans approximately $4 billion in shareholder returns through buybacks and dividends this year.
- SLB is trading at a low valuation of 15 times earnings and 8.6 times EBITDA, and is down 30% from its 2023 highs.
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