Worley (WOR) is only up +4.4% year-to-date after posting an 11-week high on Wednesday, but it has bounced over 12% from its late December low. WOR was recently added to Goldman Sach’s Asia Pacific (APAC) Conviction List, the investment bank believes WOR is well positioned to play a role in enabling the transition from fossil fuels to a more sustainable energy mix – we’ve been saying this for months and it appears the markets are finally starting to listen!
- We can see WOR surprising on the upside in 2025, and we continue to like the risk/reward below $15: MM is long WOR in its Active Growth Portfolio.
MM is long and bullish WOR
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