#exxonmobil #firstsolar #yahoofinance
Today's segment of Good Buy or Goodbye features host Julie Hyman alongside Hennessy Energy Transition Portfolio Manager Fund Ben Cook. Together, they explore Cook's top stock pick and top stock to avoid within the energy sector.
Cook highlights ExxonMobil (XOM) as his top stock pick for investors, citing several key factors. He praises the company's integrated business model, stating it "affords flexibility to generate consistent financial results through the cycle." Cook also notes ExxonMobil's success in creating growth opportunities "through acquisitions and through the drill business." Furthermore, he describes the company as "best in the business" at returning capital to shareholders, emphasizing the attractive "cash return profile."
Conversely, Cook advises investors to steer clear of First Solar (FSLR), pointing out several risk factors. He notes that the company's revenue generation heavily depends on "protective policy measures," which are subject to change with different presidential administrations. Cook also highlights the challenges of the energy transition, noting its "uneven pace" with reliability and cost being primary concerns. Lastly, he mentions that First Solar has been negatively impacted by the high interest rate environment.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Angel Smith
Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple ([ Ссылка ]) or Android ([ Ссылка ])
- Follow Yahoo Finance on social:
X: [ Ссылка ]
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]
Facebook: [ Ссылка ]
LinkedIn: [ Ссылка ]
