5 Hot Oil Stocks To Buy Now

2. Exxon Mobil Corporation (NYSE:XOM)

Average 3-Month Volume as of January 9: 22.1 million

Number of Hedge Fund Holders: 79

Based in Spring, Texas, Exxon Mobil Corporation (NYSE:XOM) is an integrated oil and gas company. It explores and produces crude oil and natural gas internationally.

On January 9, Peter Low, an analyst at Redburn Atlantic, upgraded shares of Exxon Mobil Corporation (NYSE:XOM) from Neutral to Buy. The analyst also raised his price target on the stock from $116 to $119.

Exxon Mobil Corporation (NYSE:XOM) was seen in the portfolios of 79 hedge funds in the third quarter, with a total stake value of $4.5 billion.

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