Life Musings

With the slow economy, you've got to invest in big oil companies! I think that's just an excellent strategy. Oil and gas expenditures tend to be pretty darned constant, even when the economy is sluggish. What's more, big oil companies have been around almost since time immemorial, and they're going to be around for practically forever.

These oil stocks are badly undervalued right now, since people are scared of the economy. But fear not! This makes it the perfect time to buy them. If you want to get great stocks at a bargain, buy oil company stocks NOW!

I did my research, and I think that ExxonMobil (XOM) is the best possible choice right now. They're huge and they're very stable, and they've been getting some glowing reviews from analysts. Other oil companies also look promising, but I think that XOM stands out from the crowd.

Here's what one of the Morningstar analysts had to say about this company:

We think ExxonMobil's massive scale and unrelenting pursuit of operational
efficiency create a competitive advantage that the firm can bank on, no matter
what path energy prices take.

Underpinning ExxonMobil's record of financial success is a culture of
operational excellence and a conservative, disciplined approach to capital
allocation. Compared with its closest peers BP BP and Royal Dutch Shell RDS.A,
downstream refining, petrochemical, and lubricant operations make up a larger
chunk of ExxonMobil's business. Although we view these industries as having
weaker long-run economics than the upstream side of the business, the scale and
degree of integration that ExxonMobil achieves create opportunities for
logistics efficiencies and product-flow optimization upon which the firm
capitalizes. This allows the company to generate consistently superior
returns.

I think it's a very safe choice that has a strong potential for a very large payoff. I highly recommend it.