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Strategies & Market Trends : Value Investing

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To: Investor2 who wrote (56693)1/19/2016 12:03:38 AM
From: Paul Senior   of 69205
 
Hi I2. XOM/CVX: If oil stays down, they're either expensive or fair-valued. If oil moves up, maybe to $60 or more this year, then the stocks are cheap now. I am avoiding both companies at current price. Too tough for me to value--I defer to others on the thread who may see the outlook or these companies more clearly.
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