Josh Brown's 'best stocks in the market': Exxon Mobil

Core Viewpoint - Exxon Mobil is positioned for a potential breakout, with a target price of $125 per share, indicating a significant upward movement from its current levels [2][5]. Company Analysis - Exxon Mobil has been consolidating since 2022 and is now approaching the upper end of its trading range, which could trigger a breakout [2]. - The company is expected to improve its fundamentals by 2026, as indicated by management during their earnings report [4]. - Exxon Mobil has been efficient in managing costs, which positions it well for potential upside surprises if commodity prices improve [5]. Market Context - The energy sector is beginning to outperform, and investors may start to reconsider blue-chip names like Exxon Mobil due to low expectations [8]. - Refining margins are improving, and diesel margins have returned to 2024 highs, benefiting companies like Exxon Mobil and Marathon Petroleum [6]. Growth Catalysts - Exxon Mobil has a growth catalyst in its Golden Pass LNG business, a partnership with Qatar, which is expected to contribute positively to its growth [7]. - The energy sector is anticipated to remain relevant and profitable over the next decade, with a need for diverse energy sources including oil and gas [10]. Investment Strategy - The current portfolio strategy includes a 21% exposure to energy, focusing on companies that offer substantial dividends and strategic growth opportunities [9].