In the investment world, not all stocks are created equal, and there are certainly ones that are recommended to be left out of your portfolio. Among these are energy stocks particularly related to oil and gas. One such company that falls under this category is Core Laboratories (CLB), a renowned provider of oil and gas exploration equipment and services. While the company may have its merits, there are compelling reasons to reconsider its inclusion in your investment portfolio.
1. Not all stocks are equal in the investment world, with some recommended to be excluded from investment portfolios.
2. Energy stocks, particularly those related to oil and gas, are often recommended to be omitted from investors' portfolios.
3. Core Laboratories (CLB), a leading provider of oil and gas exploration equipment and services, is one such company that is suggested to be avoided in investments.
4. Despite its renown and range of services, there are compelling reasons to reconsider including Core Laboratories in an investment portfolio.
5. A closer look at Core Laboratories' current standing, infrastructure and performance may reveal misleading aspects behind the company's superficial appeal as an investment option.
As of the end of 2020, Core Laboratories (CLB) had reported a staggering net loss of $289.4 million.
The first on this list is Core Laboratories (CLB). Renowned for their oil and gas exploration equipment and services, they may seem like an attractive investment option. However, upon closer inspection of their current standing, infrastructure, and performance, it becomes clear that their appeal might be misleading. Let's take a thorough look at why CLB should not find a home in your portfolio.