Oil stocks like ExxonMobil (NYSE: XOM) can have massive ups and downs. The stock was hammered during COVID-19, but has rebounded to outperform the S&P 500 on an annualized basis over the past five years.
It's a great development for a blue-chip company that many investors gave up on after years of the stock delivering middling results. But that was then, and we're talking about now. More specifically, should investors still be putting their money in ExxonMobil stock?
Here are three observations about ExxonMobil stock today, and whether it's a buy.
Source Fool.com