#5 - Exxon Mobil (NYSE:XOM)
Investors looking to “play the matchups” when it comes to rotating their holdings, it’s time to look into the energy sector. Consumers already know that Exxon Mobil (NYSE:XOM) is benefiting from rising oil prices. However, the company also looks well-positioned to hold up in a period of slow economic growth.
After reporting negative FCF in 2020, the company rebounded with an impressive $36 billion in FCF in 2021. And in the first quarter of 2022, Exxon Mobil posted a sizable beat on both the top and bottom lines. This makes it likely that there’s likely to be a lot more room for this cyclical stock to run.
That’s a narrative that isn’t playing out right now with analysts who suggest the stock price may decline. However, investors are getting a very generous dividend which currently pays out $3.52 per share on an annual basis. And Exxon Mobil is a dividend aristocrat having increased its dividend in each of the last 38 years.
About Exxon Mobil
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.
Read More - Current Price
- $105.87
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 11 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $128.74 (21.6% Upside)
