17 stocks about to rocket higher because of catalysts most investors are ignoring, according to UBS

Ticker:HAL

Closing Price on 5/22: $53.24

UBS Price Target: $75 (+41%)

UBS View: “HAL is one of our top picks in 2018 given 1) its leading position in North America as the low-cost service provider, 2) earnings upside from pricing momentum, cost initiatives and lean cost structure, 3) global scale and earnings leverage in international markets, 4) compelling valuation, and 5) solid free cash flow, as well as a focus on returning capital to shareholders,” said Angie Sedita.

Upcoming Catalysts: “Expected solid traction on incremental margins in Q2-18 with ‘normalized’ North American margins to reach 20% range by 2H-18, pressure pumping pricing momentum and announcements of contracts on new frac hp additions, International inflection as pricing slowly moves higher (late 2018) on steady activity gains).”

Source: UBS