5 Best Gas Stocks To Buy Now

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1. Exxon Mobil Corporation (NYSE:XOM

Number of Hedge Fund Holders: 68

Exxon Mobil Corporation (NYSE:XOM) is an American multinational oil and gas corporation, with its headquarters in Texas. The company was formed after the merger of Exxon and Mobil, descendants of John Rockefeller’s Standard Oil, in 1999. It is one of the leading Big Oil companies, dealing in crude oil, oil products, natural gas, petrochemicals, and power generation.

Out of the 873 hedge funds tracked by Insider Monkey, 68 funds were bullish on Exxon Mobil Corporation (NYSE:XOM) at the end of Q2, up from 65 in the first quarter. Some of the firm’s biggest and most prominent stakeholders are The Vanguard Group, BlackRock, and the State Street Corporation. 

Lucas Herrmann, an analyst from Exane BNP Paribas, downgraded Exxon Mobil Corporation (NYSE:XOM) from Neutral to Underperform with a price target of $60 on October 11. 

You can also take a look at 11 Best Dividend Aristocrats with over 3% Yield and 11 Best Growth Stocks To Buy According To Hedge Funds.

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