Exxon Mobil: A Good Buy and Hold Candidate
Bret Jensen submits:As we search for bargains in this turbulent market, we continue to be focused on uncovering companies with rock solid balance sheets, good dividend yields, reasonable valuations, that have not run up substantially during the huge rally since the March 2009 bottom, and have some sort of catalyst(s) to propel share price appreciation in the medium turn. As we are currently risk averse given our outlook for the market over the next six to twelve months, most of the stocks that we are finding using these criteria are in the large cap blue chip area (VOD, PFE, JNJ, etc). The next selection we would like to highlight is Exxon Mobil (XOM)
Overview: Exxon Mobil Corporation (XOM) engages in the exploration, production, transportation, and sale of crude oil and natural gas. It also involves in the manufacture, transportation, and sale of petroleum products. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products.Complete Story »
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