10-20-2014, 10:12 AM
Hard to argue with any of those (COP, CVX, XOM), really. I've been building a position in XOM at these prices. COP scores better in my system, and like Eric, I really love the higher starting yield. But I already have a lot of COP and wanted to add another name, and XOM is certainly a dividend growth staple. And XOM's current yield is better than it has been in a long time. I don't think either is a bad choice.
Maybe lean toward COP if you want to juice your dividends a bit in the early stages of building your portfolio (if I recall your situation correctly). Or go with XOM if you want to go with the more "core" holding; I agree with you that this feels like a pretty solid entry point.
(I am prohibited from buying CVX because of my job, so I have not taken a close look at it and so cannot speak about how it stacks up next to either COP or XOM.)
Maybe lean toward COP if you want to juice your dividends a bit in the early stages of building your portfolio (if I recall your situation correctly). Or go with XOM if you want to go with the more "core" holding; I agree with you that this feels like a pretty solid entry point.
(I am prohibited from buying CVX because of my job, so I have not taken a close look at it and so cannot speak about how it stacks up next to either COP or XOM.)