by winston » Thu Apr 23, 2020 9:34 pm
not vested
Exxon Mobil (XOM)
Every oil stock list starts with Exxon Mobil (XOM) since it is the 800 pound gorilla of the industry. XOM does everything oil-related, from oil exploration to oil production, transportation, refining and marketing. XOM also procures and sells natural gas.
XOM is in a better shape to whether this storm given the diversified operations. And given that it has more than $3 billion in cash.
Investors should view this as an opportunity to scoop up a true industry leader at its trough, hold it for the long haul and eventually walk away with a substantial profit.
Not to mention that XOM typically pays one of the highest dividend yields around. So the sum total of capital appreciation and income makes it an appealing time to drill into some XOM shares.
Source: Stock News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"