Why Baker Hughes Stock Popped 14.3% in December

Shares of Baker Hughes (NYSE: BKR) climbed 14.3% in December, according to data from S&P Global Market Intelligence, as the broader market climbed and after a Wall Street analyst weighed in with a positive note on the oil stock.

IMAGE SOURCE: GETTY IMAGES.

For perspective, the broader industry also enjoyed gains last month, leaving the SPDR S&P Oil & Gas Exploration & Production ETF up an impressive 16.3%.

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Source Fool.com