Not only is ExxonMobil (NYSE: XOM), the world’s largest oil and natural gas entity, trading at its 52-week low, it is substantially below what legendary investor Warren Buffett paid for his shares. ExxonMobil is down for the last week, month, quarter, six months, and year of market action (chart below). Over the last six months […]
Jan
2
0
2014 was another bull market year with both the Dow Jones Industrial Average (NYSE: DIA) and the Standard & Poor’s 500 Index (NYSE: SPY) doing well. As with any time period, certain sectors did well with others disappointing. Oil and natural gas plunged, as did the exchange traded funds, United States Oil (NYSE: USO), and […]
Nov
22
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Legendary investor Warren Buffett has done very well over the decades buying shares of blue chip companies such as American Express (NYSE: AXP) and Wal-Mart (NYSE: WMT) that were down in the short term due to temporary problems. That is a major reason why “The Oracle of Omaha” is worth of $50 billion! That is […]
Oct
14
0
Investors should always look for a combination of alluring factors in a stock such as those offered by Conoco Phillips (NYSE: COP), a major oil firm based in Houston. First of all, it is a major oil company. The demand for oil and natural gas will only increase. That makes top performers in the sector […]
