Reported 2 days ago
Exxon Mobil Corporation (XOM) is highlighted as a prominent value stock in billionaire investor Ken Fisher's portfolio, amidst concerns over tariffs and their impact on market conditions. Despite market pressures in the energy sector, Exxon has shown resilience with a solid financial performance, including significant cash flow and a dividend yield that exceeds its historical average. As the company diversifies into lower-carbon energy initiatives, it ranks fourth among Fisher's value stocks, while the overall sentiment suggests a more favorable outlook for the market post-correction.
Source: YAHOO