21.04.2024 16:45:00

ExxonMobil Hits All-Time High, Closes in on Half-Trillion-Dollar Market Cap. Has the Stock Market's Leadership Changed?

ExxonMobil (NYSE: XOM) reached an intraday all-time high of $123.75 per share on April 12. The oil major has pulled back a little since then, but Exxon is still up big on the year and has more than doubled over the last three years.Exxon's market capitalization currently sits at $474 billion as it approaches the feat of becoming the first half-trillion-dollar energy stock. Here's why Exxon is in favor with investors, and why the rally has more room to run.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool