What Today's ExxonMobil Upgrade Means for Mutual Fund Investors (XOM)
Shauna O'Brien Dec 15, 2014
Inside the Upgrade
According to the firm: “although the stock looks expensive versus peers, the defensive nature of the company during what we believe will remain a weak period for most of 2015 leads us to increase the rating.”
In a separate move, BMO has cut its 2015 oil price forecast to $67 a barrel.
Trying to Find the Bottom in Oil Stocks
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.67%|
|VFINX||Vanguard 500 Index||1.06%|
|FUSEX||Fidelity Spartan 500 Index||0.45%|
The Bottom Line
Sign up for Advisor Access
Receive email updates about best performers, news, CE accredited webcasts and more.