InvestorPlace
Exxon Mobil Stock Could be Worth 25% More
Exxon Mobil (NYSE:XOM) stock looks like it is significantly undervalued at today’s price. On July 8, it closed at $60.14, but XOM stock has a very attractive valuation. For example, it sports a very healthy 5.76% dividend yield and trades for just 16 times this year’s forecast earnings. Source: Jonathan Weiss / Shutterstock.com My valuation of XOM stock, using its historical yield and price-to-earnings (P/E) metrics, is $75.19 per share. As of July 8, this represents a 25% potential upside for i
