While the Energy sector as a whole is trending up with the rise in crude oil and the demand for it. However, until now, Exxon Mobile was under a lot of scrutiny for not embracing ESG protocols, which led to their attack from "Social-Good" Activists. This, in-turn, led to the conversion of the leadership strategy, which now prioritizes removing their carbon footprint. With that said, they have now cleared that obstacle as well as moved back to full operability.
To avoid overcomplicating things,
XOM has amazing financials, is a market mover, AND now is a favored oil firm in an incredibly booming market. They will have an amazing earnings call next session and this will propel them to the next level.
My recommendation is to add 10% of your portfolio to this firm with a 10% trailing stop loss. The price target is between $68 - $71 by end of the year.
Happy Investing!
To avoid overcomplicating things,
XOM has amazing financials, is a market mover, AND now is a favored oil firm in an incredibly booming market. They will have an amazing earnings call next session and this will propel them to the next level.My recommendation is to add 10% of your portfolio to this firm with a 10% trailing stop loss. The price target is between $68 - $71 by end of the year.
Happy Investing!
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.