🐙Deposit $100 and get 4 FREE stocks valued up to $1600: [ Ссылка ]
📙My favorite book to learn about options: [ Ссылка ]
🐳 Follow me on Twitter: [ Ссылка ]

In this video, we see why you need to buy Exxon Mobil shares.

We first see what is the history of Exxon Mobil, with the Standard Oil Company from John D. Rockefeller, created in the 19th century. At its top, the Standard Oil Company was controlling 90% to 95% of all oil produced in the USA.

Then, after the US court brought the Standard Oil Company to court due to antitrust reasons, the Standard Oil Company got dismantled in several companies, two, for example, being Exxon and another one being Mobil Corp. The two merged, later on, to become Exxon Mobil Corp.

Due to the Covid situation, there has been a drop in the demand for oil, pushing the oil prices at historical lows. On top of that, oil producers run out of storage because of such low demand. It has for effect to push oil prices even lower. As a result, I believe XOM is a good buy opportunity, as it’s currently trading around $40/share when it was trading around $70/share in 2019.
With the news related to the Covid vaccine, XOM and its competitors such as Chevron, Oxy Petroleum has reacted very positively to that news, as it would create more demand for oil.

However, the current low price for XOM is not the only opportunity you have, it’s dividends are also a great opportunity not to miss out. XOM has a dividend yield of 9% currently, and is a dividend aristocrat, meaning it has increasingly paid out dividends for at least 25 years. Hence, even if XOM stock doesn’t go up and you buy shares, you still enjoy a fruity 9% dividend yield, making it very attractive for potential investors.

Finally, I share my dividend spreadsheet where you can record all of your trades, compare dividend yields, and see which stock in your portfolio brings you the biggest dividends. I’ve also included the current dividend aristocrat list so you can see which ones pay the biggest dividends

Let me know what you think about this video, if you like it, please subscribe and let me know if you’d like me to cover other stocks

The link for the spreadsheet: [ Ссылка ]

Chapters:
0:00 Intro
0:39 Exxon Mobil
2:34 A Golden Opportunity
4:46 XOM Dividends

If you want to watch more content around options make sure you subscribe using the link down below:

[ Ссылка ]

👥 To join the Options Trading 101 Facebook Group:

[ Ссылка ]

-----------------------
DISCLAIMER: These videos are for entertainment purposes only. This is not meant to be financial advice. Please always do your due diligence and never stop learning.

AFFILIATE DISCLOSURE: Some of the links in this video description are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or opt-in.

свернуть