Is Exxon Mobil Corp. (XOM) a Cheap NYSE Stock to Invest in Now? [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
to take a look at where Exxon Mobil Corp. (NYSE:XOM) stands against other cheap NYSE stocks to invest in now. The stock market appears poised for another year of impressive returns, likely extending into 2025. However, concerns about high valuations persist. To gain insight into this, Aswath Damodaran, professor of finance at NYU Stern School of Business, recently joined CNBC's ‘Closing Bell' on December 14. Damodaran recognized that it's tough to keep up after two years of returns over 25%. He mentioned that if the market stays stable until the end of the year, it would be similar to the high points seen in the 1950s and mid-1970s. However, he was doubtful about being able to keep this strong performance going, as it's challenging to continue rising after such big gains. When asked if the market is overvalued, Damodaran said that while prices are high, they haven't reached the level of a bubble yet. He compared the current situation to the late 1990s but clarified that he doesn't
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XOM
News
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- Exxon Mobil Co. (NYSE: XOM) had its price target lowered by analysts at Piper Sandler from $138.00 to $127.00. They now have an "overweight" rating on the stock.MarketBeat
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XOM
Earnings
- 11/1/24 - Beat
XOM
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 4
- 12/2/24 - Form 4
- XOM's page on the SEC website