Schlumberger (SLB) Higher On Positive Barron's Mention

Shares of Schlumberger (NYSE: SLB) are seeing a 5% upside move today in part related to a positive Barron's article this weekend. Barron's said with oil-service stocks down about 60% from their highs, traders may want to make a bet on the group now before signs of an economic recovery become widespread.

Barron's said Schlumberger is a better play than others in the group as international oil-exploration markets will likely to fare better than the U.S. market. Schlumberger has a diverse geographic footprint the article notes.

Link to Barron's Article $

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