This Energy Stock Tops My July Buy List

SLB (Schlumberger) has declined 18% due to falling oil prices following U.S.-Iran peace deal news. However, the author argues this pullback presents a buying opportunity for long-term investors. The stock could benefit from Middle East geopolitical stability, which accounts for a third of SLB's revenue and 50% of profits. Additionally, SLB's growing digital division with $1B+ in recurring revenue and 15% year-over-year growth positions it for long-term gains, with some analysts targeting $80-$90 per share.