Aramco Fair Value Should Be Between $1.3T - $1.4T: Sanford C. Bernstein

The video discusses the expectations for Aramco's stock price, highlighting a lower valuation estimate compared to the initial pricing. It explores the impact of oil prices on stock valuation, noting that higher oil prices are needed to justify a $2 trillion valuation. Concerns about investor rotation from other global oil majors to Aramco are addressed, with a focus on dividend yields. The video also identifies potential buyers, including retail and institutional investors in Saudi Arabia and the Gulf region, and mentions Aramco's inclusion in the MSCI IEM Index.

What concerns do investors have regarding the rotation into Aramco?

What is the expected weighting of Aramco on the MSCI EM Index?