07-25-2015, 09:43 AM
If you are going for an oil play, I think XOM is currently better than CVX. Accounting for resource depletion, I calculate fair value for CVX at $92 with the current price at $90.60, while the fair value for XOM is $94 with the current price at $79.94. XOM has done a better job of replacing depleted resources.
I definitely like STAG; however, I already have a full position.
I think utilities are starting to look good with SO leading the way.
I definitely like STAG; however, I already have a full position.
I think utilities are starting to look good with SO leading the way.