Analyst Says He Likes ExxonMobil (XOM) Amid ‘Stealth’ Energy Trade
Group 1 - Exxon Mobil Corp (NYSE:XOM) is currently a focus for Wall Street analysts, with positive sentiments expressed by Jim Lebenthal from Cerity Partners, highlighting a "stealth trade" in energy [1] - ClearBridge Dividend Strategy has significantly increased its position in Exxon Mobil, citing commodity weakness as a compelling investment opportunity, and emphasizing the company's ability to lower costs and emissions while increasing production [1] - Exxon Mobil is positioned to deliver double-digit returns even without improvements in oil prices, and could provide a strong hedge in a stagflation scenario, outperforming many other stocks [1]