Impact Partnership Wealth LLC Makes New $640 , 000 Investment in Baker Hughes ( NASDAQ : BKR )

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**Impact Partnership Wealth LLC’s investment in Baker Hughes:**

* **Rationale for the investment:** The fund’s investment strategy focuses on identifying undervalued companies with strong fundamentals and growth potential. Baker Hughes, with its focus on oil and gas exploration and production, fits this criteria. * **Investment size:** The fund purchased 18,196 shares, representing a relatively small investment compared to the company’s market capitalization.

* Baker Hughes stock performance has been volatile in recent weeks. * The company is facing challenges in the oil and gas industry. * Baker Hughes is actively working on solutions to address these challenges. * The company is a major player in the oil and gas industry, providing essential services like drilling, completion, and production.

The company’s dividend policy is based on a sustainable payout ratio of 50% or less. This means that the company aims to pay out no more than 50% of its earnings in dividends. This policy is designed to ensure that the company has enough cash on hand to cover its operating expenses and reinvest in its business. The company’s dividend history is impressive, with a consistent track record of increasing dividends over the past several years.

Goldman Sachs also gave the analyst rating of “buy” to Baker Hughes. **Key Takeaways:**

* Wall Street analysts are increasingly optimistic about Baker Hughes’ future prospects. * Several analysts have raised their price targets and ratings for Baker Hughes. * The positive sentiment is driven by factors such as strong demand for oil and gas, the company’s focus on digitalization, and its strong financial performance. **Detailed Analysis:**

Baker Hughes, a leading provider of oil and gas equipment and services, has been receiving positive attention from Wall Street analysts. This positive sentiment is reflected in recent reports from several prominent brokerages, including Stifel Nicolaus and Goldman Sachs.

The company’s core business is the design, manufacture, and installation of oil and gas drilling equipment and services. Baker Hughes is a global leader in the oil and gas industry, with a strong presence in over 120 countries. The company’s operations are divided into three main segments: Oil & Gas, Industrial, and Digital.

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