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|Vanguard Value ETF Experiences Big Inflow
Wednesday, September 6, 10:54 AM ET, by Market News Video Staff
Symbols mentioned in this story: VTV, XOM, BRK.B, PG Exchange traded funds (ETFs) trade just ...
Notable Wednesday Option Activity: VYGR, CONN, XOM
Wednesday, September 6, 11:36 AM ET, by Market News Video Staff
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
January 2020 Options Now Available For Exxon Mobil (XOM)
Monday, September 11, 10:51 AM ET, by Market News Video Staff
Investors in Exxon Mobil Corp (XOM) saw new options become available today, for the January ...
See How Exxon Mobil Ranks Among Analysts' Top Dow 30 Picks
Tuesday, September 12, 11:54 AM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Exxon Mobil Corp (XOM) ...
Coca-Cola Becomes #14 Most Shorted Dow Stock, Replacing Exxon Mobil
Wednesday, September 13, 1:23 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 08/31/2017 settlement date, and ...
See How Exxon Mobil Corp. Ranks Among Analysts' Top Dow 30 Picks
By Market News Video Staff, Monday, October 22, 12:09 PM ET
A study of analyst recommendations at the major brokerages shows that Exxon Mobil Corp. (NYSE:XOM) is the #21 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Within the broader S&P 500, when components were ranked in terms of analyst favorites, XOM claims the #269 spot.
In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages. Investors often interpret analyst opinions from different angles — when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor.
From the other direction, a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise.
For these reasons, we at ETF Channel find value to putting together these rankings, because both the top and the bottom ends of the list can often make for some interesting stock picking ideas for further research.
Below is a chart of rank over time:
According to the ETF Finder at ETF Channel, XOM makes up 25.04% of the iShares Dow Jones U.S. Energy Sector Index Fund ETF (IYE) which is trading lower by about 0.8% on the day Monday.
See what other ETFs contain XOM »
See what other stocks are held by IYE »
XOM operates in the Oil & Gas Refining & Marketing sector, among companies like Chevron Corporation (CVX) which is off about 0.4% today, and ConocoPhillips (COP) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of XOM, versus CVX and COP.
XOM is currently trading down about 0.6% midday Monday.
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