Is Exxon Mobil Stock a BUY? (How to Play the Russian War)
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Should you buy shares of Exxon Mobil stock? Figuring out how to play the Russian war?
Europe is facing its worst refugee crisis since World War II, Russia has been cut off from the global economy, and Vladimir Putin has hinted at the prospect of nuclear war.
But Nicholas Vardy, Quantitative Strategist of The Oxford Club, knows that every crisis has its opportunities - and right now he sees a profitable play in rising oil prices. Crude oil just crossed $100 a barrel, its highest price since 2014.
Is that enough to make shares of Exxon Mobil a "Buy" and the best way to play the Russian war? The oil behemoth will certainly benefit from rising prices. However, sanctions on Russia and domestic turmoil make the stock’s future uncertain. Tune in to this week’s video and find out whether Exxon Mobil is a "Buy" or "Bye."
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