ExxonMobil Corp (XOM)
The Company's principal business is energy, involving the worldwide exploration, production, transportation and sale of crude oil and natural gas and the manufacture, transportation and sale of petroleum products.
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bespoke boys cite as potential breakout
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follow web
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a fat man i knew when i was young once told me "buy xom and forget it." He is now in jail for securities fraud. There comes a time in life when you gotta give a stock the green thumb for no good reason. Okay fine i wil give you a reason: If the US government was run with the competence of XOM, we wouldn't have this trade deficit.
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Best of breed, trading at a discoiunt compared to it's historic multiple. Huge proven reserves in both oil and nat. gas. (See Barron's article "What a Gusher?" on 11/15/09.)
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Falling dollar will aid resource based stocks
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By 2012, we're all dead anyway.
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solid fundamentals
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At the current price, XOM has a p/e of 16.62 and pays a divident of 2.3%. The company is awash with cash and will not be going out of business anytime soon. Despite all the hype about the evils of fossil fuels, they will continue to be a primary source of energy for a long time to come.
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Trading less than S&P 500 PE
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Big diversified energy with a good dividend. Long-term hold.
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I've held this stock a long time and have really only been sorry that I sold half so long ago. The money from my summer job in the early 70's probably wound up being more pay than my boss's boss got that summer.
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once the economy recovers, energy prices will rise
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with oil at about 80 i think is a good bet. profits is going up
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Drive down to your local grocery store and look around. The parking lot is full of $25,000 plus assets that require magic juice to operate. Everyone inside is looking for a better price on a $4 tv dinner or a tub of ice cream but they shell out $50 to fill the asset with magic juice each week. Anybody think that's going to change anytime soon?
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one the largest firm on earth
at the moment is Oil the key driver in our economy
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Decent sized dividends/yield, low payout ratio, considerate growth over the last 5 years, 81 billion in earnings, +26% in ROE, next to nothing debt, VERY high interest coverage ratio (8.82!)
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massive company which has its hand in a little bit of everything
oil prices can really only go up even with advances in green technology since we have only so much of it.
might falter in the short term but will make money in the long.
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why would anyone short this stock. #1 on the fortune 500 list
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The best balance sheet in the world should have an easy time outperforming.

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