Early last month I wrote that Exxon Mobil (NYSE:XOM), then trading for $60.14, was worth at least 25% more at $75.19. At the time, XOM stock had a 5.76% dividend yield and traded for 16 times forward earnings. The good news is that Exxon is now cheaper at $55.10 as of August 24, and has …
Continue reading “Exxon Stock Looks Like a Steal at 11x P/E With A 6.3% Dividend”