A person who works with Exxon Mobil said they are not as confident about the company doing well. So, some other experts also think less of these companies and lowered their expectations. Read from source...
1. The article does not provide any specific reasons or evidence for why the Exxon Mobil analyst is no longer bullish on the company. It only states that there are top 5 downgrades for Friday without explaining the rationale behind them. This makes the article uninformative and misleading for readers who want to understand the factors affecting Exxon Mobil's performance.
2. The article relies heavily on analyst ratings, which are subjective and prone to manipulation by various interests. It does not present any alternative sources of information or analysis that could challenge or support the analyst opinions. This makes the article one-sided and uncritical of the mainstream narrative.
3. The article uses emotional language such as "no longer bullish" and "top 5 downgrades" to create a sense of urgency and negativity around Exxon Mobil's stock. This could influence readers' emotions and behavior without providing any factual basis or rational argument for doing so.
4. The article does not mention any positive aspects or opportunities for Exxon Mobil, such as its strengths, competitive advantages, growth potential, or recent achievements. It only focuses on the negative aspects and risks that could affect the company's performance. This makes the article biased and incomplete in presenting a balanced view of Exxon Mobil's situation.
5. The article does not provide any context or background information about Exxon Mobil, such as its history, industry, market position, or current challenges. It only presents a snapshot of the company's stock price and analyst ratings without explaining how they relate to the overall business performance and outlook. This makes the article superficial and confusing for readers who want to understand Exxon Mobil's value proposition and competitive edge.
Based on the article you provided, it seems that Exxon Mobil is facing some negative sentiment from analysts who are downgrading their ratings. This could be due to various reasons such as lower oil prices, increased competition, or weaker demand for gasoline. However, these factors may not necessarily reflect the long-term prospects of Exxon Mobil and its peers in the energy sector. Therefore, I would suggest that you consider the following investment recommendations:
1. Buy Exxon Mobil (XOM) - Despite the downgrades, XOM remains a major player in the oil and gas industry with a strong balance sheet and dividend yield. The company has also been expanding its renewable energy portfolio and improving its environmental performance. I would target a price range of $80 to $90 per share for XOM, depending on market conditions and volatility.
2. Sell Royal Dutch Shell (RDS.B) - RDS.B is another large oil and gas company that has been facing similar challenges as XOM, such as lower oil prices and geopolitical risks. However, RDS.B has a more diversified portfolio of assets and business segments than XOM, which could make it less vulnerable to fluctuations in the energy market. Nevertheless, I would still favor selling RDS.B over buying it, as the company may face increasing competition from alternative energy sources and regulatory pressures in the future.
3. Hold Chevron (CVX) - CVX is a third major oil and gas company that has been affected by lower oil prices and weaker demand for gasoline. However, like XOM and RDS.B, CVX also has a strong balance sheet and dividend yield, which could make it attractive to income-seeking investors. Additionally, CVX has been investing in new projects and technologies that could enhance its long-term growth potential and profitability. I would hold CVX if you already own it or consider buying it on dips below $100 per share.
4. Buy BP (BP) - BP is a British multinational oil and gas company that has been underperforming its peers in recent years due to the 2010 Deepwater Horizon oil spill, legal disputes, and lower oil prices. However, BP has made significant progress in improving its safety performance, operational efficiency, and environmental sustainability. Furthermore, BP has been expanding its renewable energy business and reducing its carbon footprint. I would buy BP on dips below $30 per share, as it offers a high dividend yield and attractive valuation.
5. Buy Exxon Mobil (