Baker Hughes also provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions, as well as services related to onshore and offshore drilling and production operations. In addition, the company offers equipment and related services for mechanical-drive, compression and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors and turnkey solutions, as well as pumps, valves and compressed natural gas and small-scale liquefied natural gas solutions.
Further, the company provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection and pipeline integrity solutions. Baker Hughes serves upstream, midstream, downstream, onshore, offshore and industrial customers.
Baker Hughes stock investors receive a 2.39% dividend. The $36 Jefferies price target compares with a $33.79 consensus target and Monday’s closing print of $31.02.
Blackstone
Shares of this top money management company make sense for more aggressive growth and income investors. Blackstone Group L.P. (NYSE: BX) is one of the largest global alternative asset managers. Blackstone manages investments and provides services across four operating segments: Private Equity, Real Estate, Credit and Hedge Fund Solutions.
Blackstone launches and manages private equity funds, real estate funds, funds of hedge funds and credit-focused funds for its clients. It invests in private equity, public equity, fixed-income and alternative investment markets. Jefferies noted this when discussing the company:
Blackstone Group has been steadily building out longer-duration permanent capital vehicles, to add earnings stability and higher multiple fee-paying assets under management. Corporate management reiterated its fiscal year 2020 and 20201 free related earnings targets, and we think the current environment may be conducive to opportunistic capital deployment.
The payout here is a 5.15% yield. The Jefferies price target is $108. Blackstone stock has a consensus target of $98.10, while the shares closed on Monday at $94.90.
Bloomin’ Brands
Chances are good you have had a meal at one of this company’s extremely popular restaurants. Bloomin’ Brands Inc. (NASDAQ: BLMN) owns and operates casual, upscale casual and fine dining restaurants in the United States and internationally.
The company’s restaurant portfolio includes Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse.
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