Broker Name: Argus Research Co.
Date of Report: Thursday, December 18, 2025
Excerpt from Argus Research Co. report.
Report Summary
- Argus maintains a bullish intermediate-term market outlook, with a 12-month S&P 500 target of 6300-7300 and expectations for continued equity market strength.
- Oil prices are projected to trend lower, with forecasts of \$65 per barrel in 2025 and \$60 in 2026, due to global oil supply exceeding demand; wild cards like geopolitical events could cause volatility, but triple-digit oil prices are unlikely in the near term.
- Diversification into the energy sector is recommended, with Baker Hughes Co (BKR) highlighted as a compelling buy due to its balanced exposure to U.S. and international markets and attractive share valuation.
- Argus emphasizes the importance of considering individual investment needs and notes that their research is for general informational purposes only, not specific investment advice.
Above is an excerpt from a report by Argus Research Co. Clients of Argus Research Co. can be the first to access the full report from the Argus Research website: https://www.argusresearch.com
