Exxon Mobil Will Bounce Back


Exxon Mobil (NYSE:XOM) has suffered as of late due to allegations of cooking the books with regard to its climate change research and its assets. However with crude oil rallying strongly in the wake of the inaction on the Fed’s part, Exxon has finally followed suit and is back up above $83 a share. This stock is a perfect choice for income investors in this space who want a position in energy in their portfolio as the stock is stable and its downside is protected better than most due to its strong balance sheet and integrated business model.


About Individual Trader

Helping You Navigate The Markets For Profit
This entry was posted in xom and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s