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I still am a fan of Wood Group shares

By Chris Bailey | Thursday 9 November 2023


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I am a bit disappointed that Wood Group (WG.) shares are down a couple of percent this morning as I write. Its third quarter update, after all, concluded that its full year outlook was confirmed. As always, it depends what is already priced in, and what is said about what is likely to go on next year and beyond. Investment is always an analytical game at many levels.
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