Q: What would be a good entry point for each of these companies.
Thank you Team.
John G.
Thank you Team.
John G.
5i Research Answer:
Perfect pricing is rare, and we generally prefer an "own or don't own" strategy. But for suggested prices anyway: CVX $203; XOM $160. Note both are at highs due to the Iran situation. We think both are fine to own, but prices will likely check back somewhat if there is a resolution to the war.