- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The Only stock to buy now...
Posted on 3/11/20 at 6:27 pm to Ricky1962
Posted on 3/11/20 at 6:27 pm to Ricky1962
quote:What does the price nearly 6 years ago have to do with the discussion about the price:
and $102 in May of 2014.
quote:In addition, regardless of how good of a company it is, whether compared to its own sector or overall, like the rest of the energy sector, it’s struggled throughout the 2010s, despite a historical bull run.
It was at $100 a few months ago.
In fact, during those 10 years, even reinvesting dividends, Exxon had a lower annualized growth (3.54%), than total bond fund (3.58%), while the S&P500 grew by 13.4% annually.
And now when the overall market is struggling mightily, due to a virus that is already having a major, material impact on travel (which relies heavily on (O&G), and just days after Russia and Saudi Arabia started an outright oil war, by purposely flooding the market with supply to see who can outlast the other, resulting in a poor outlook for O&G companies (already slashing CAPEX; bankruptcies for the high debt companies), THE ONE STOCK YOU’RE recommending is an O&G company that couldn’t even beat the historically poor performance of the bond market when the stock market was smoking?
Back to top
Follow TigerDroppings for LSU Football News