Should You Buy ExxonMobil While It's Below $115?
ExxonMobil (NYSE: XOM) shares have pulled back about 10% or so from their post-pandemic peak. That puts them a little below $115 per share. So is it a good time to buy this energy giant, or should investors wait for a better entry point? Here's a look at each side of the story.Before getting into whether Exxon is a buy below $115 per share, it pays to get a quick understanding of Exxon's business. From a big-picture perspective, it is one of the largest integrated energy companies on the planet, sporting a humongous $475 billion market capitalization. The key to its business approach is diversification.Image source: Getty Images.Continue reading
ExxonMobil (NYSE: XOM) shares have pulled back about 10% or so from their post-pandemic peak. That puts them a little below $115 per share. So is it a good time to buy this energy giant, or should investors wait for a better entry point? Here's a look at each side of the story.
Before getting into whether Exxon is a buy below $115 per share, it pays to get a quick understanding of Exxon's business. From a big-picture perspective, it is one of the largest integrated energy companies on the planet, sporting a humongous $475 billion market capitalization. The key to its business approach is diversification.
Image source: Getty Images.
