Exxon a Top Pick Despite Recent Pullback: BofA
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By Lee Jackson February 6, 9: You knew it had to come at some point, and we have advised our readers for months to raise cash and to take advantage of markets that seemingly went is exxon stock a buy every day.
Most of that seems like a blur now, and just when you expect the doomsayers to show up, they are here right on cue. Without mentioning any names, one market pundit who has been famous for outrageous calls that were wrong, said we could be on the brink of a substantial bear market, despite the fact that they rarely occur when the economy is not in recession.
In fact, the economy may be poised for the strongest growth in 15 years. Institutional investors have been for is exxon stock a buy time short volatility, and they are getting mauled, as they continued to pick up nickels in front of steamrollers.
The real key is watching for the dollar to strengthen. Since our overly weak dollar is bearish for numerous reasons on a global basis, once it stabilizes and starts to trade higher against other currencies, you should see the selling slow or even stop.
Have your shopping list ready, because we screened the Merrill Lynch research universe, and found five high-dividend blue chips that should be bought for long-term investors. The company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products, and it transports and sells crude oil, natural gas and petroleum products.
For 75 years in is exxon stock a buy row, Exxon has raised its is exxon stock a buy on a split-adjusted basis. Shareholders are paid a 3. This domestic car company could continue to benefit from the environmental disasters dating back to last summer.
The company reports its operations in four regions: General Motors also sells vehicles to is exxon stock a buy for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments.
In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, provides automotive financing services. Trading at an ultra-low 6. Shareholders receive a 3.
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