Cart

0

Stocks

“Why Exxon’s Stock Could Hit $100 In 2020”

“Exxon investors’ long-time suffering may end in the New Year. Oil and gas giant ExxonMobil (NYSE: XOM) could soon go from bleeding cash to gushing profits, with some serious upside.  

Bank of America Merrill Lynch has even tapped XOM as its top 2020 stock pick, arguing that the stock could surge 47% as production ramps up and growth accelerates…”

https://finance.yahoo.com/news/why-exxon-stock-could-hit-010000023.html

This is a safe bet. Even if the economy goes down there’ll still be demand for gas. Also the price may rise in such a scenario.

Leave a Reply