Exxon Mobile – More Than Just An Oil Giant
Exxon Mobile (XOM) is so much more than a huge oil corporation. Pat Dorsey calls it a “capital-allocation machine” because it has a whopping $353 billion market value. The company’s operational efficiency, along with the management’s discipline when considering new oil and gas projects to take on, are the factors responsible for this company’s consistent outperformance of its competitors. Exxon’s operational efficiency should be useful in the event of plateauing (or even falling) commodity prices. Even though Exxon is a mature company with modest growth prospects, it’s not like you have to run out and buy this stock no matter what. Some believe it’s worth $87/share and will buy it whenever it drops below $70. If you want to ignore stocks altogether and go with a more stable investment, consider forex trading with the Slumdog Forex trading system, which consistently yields daily gains of 1% to 5% and can turn $100 into six figures within two years if you have the patience and dedication to trade every day for that long.
