A company called Marathon Oil is doing really well in the oil and gas business. A person who studies companies, named Arun Jayaram, thinks that their stock price will go up by 30% soon. He looked at how much money they make from selling oil and gas and compared it to other similar companies. He also checked how much people are willing to pay for the company's shares based on the prices of oil and gas in the future. Marathon Oil has a good chance of making more money because of this, so some people want to buy their stock and make money too. Read from source...
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1. Buy Marathon Oil stock for the long-term, as it is undervalued at its current price of $24.60 per share, based on JPMorgan analyst Arun Jayaram's Overweight rating, price target of $32 per share, and promising outlook for 2024 cash flow.