ExxonMobil Remains a Buy Below $80/Share
I’m continuing my process of reevaluating all current positions. I conclude in this recent article that I still really like ExxonMobil. At $84/share I think it is undervalued, but not quite at my margin-of-safety buy level, based upon my discounted free cash flow analysis, which says it’s worth about $100/share. Accordingly it’s a great buy at $80/share or below, and it’s a strong, strong buy below $70/share. For the full article and link to my calculations spreadsheet, see the link above.
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