Despite the recent appreciation in XOM stock price, the 10-yr performance is only slightly better than Common Assets (3.8% vs 3.3%). What does this mean for XOM stock going forward?
3 replies (most recent on top)
Once Russia comes back it’ll be sub $80
Just means xom was a solid trade if you bought it at pandemic lows and held long enough for it to recover. Is it the best 10 year investment going forward ? Let's not get carried away.
Only the Shadow knows.