10 Stocks You Shouldn't Throw Away
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Exxon Mobil (XOM)
The world has a big thirst for many things, but perhaps its greatest thirst is for petroleum products.
Crude oil, gasoline, natural gas and various other petroleum-based items are still the figurative and literal grease that makes the world's engine run smoothly. Without the mechanism for getting gasoline into the world's tanks, the entire globe would come to a screeching halt.
Exxon Mobil (XOM) is the biggest and best company created for the specific goal of supplying the world with the petroleum-based lather it needs to make the system run. Sure, the price of crude oil is well off its all-time highs, as is the price of gasoline and other related items. But no matter what the price of crude is, and no matter how much slowing occurs in global economic activity, the world will still need to purchase oil -- and that means the world will need Exxon Mobil.
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