10 of Wall Street’s Outperformers

7. Halliburton Company (NYSE:HAL)

Halliburton saw its share prices jump by 19.22 percent week-on-week, with sentiment buoyed by an upbeat outlook for its international business despite recording a disappointing earnings performance in the third quarter of the year.

In an updated report last week, Halliburton Company (NYSE:HAL) its international market is standing out amid its “differentiated performance both on and off-shore.”

“Our growth engines are on track,” it said.

Additionally, Halliburton Company (NYSE:HAL) has set a $400 million cost saving goal beginning next year as it eyes to return cash to shareholders, maintain cost capital discipline, and invest in technologies seen to drive long-term performance.

In the third quarter of the year, Halliburton Company (NYSE:HAL) saw its attributable net income dwindle by 97 percent to $18 million from $571 million in the same period last year.

Revenues dipped by 1.7 percent to $5.6 billion from $5.697 billion year-on-year, as revenues from completion and production decreased by 2.3 percent, while that of drilling and evaluation ended flat.