Oil giant Exxon Mobil (XOM) has been one of the weaker performing stocks in the sector, but recent sentiment has turned bullish, with the stock trading higher over the last month. The company reported disappointing earnings in late-July, but sales were better than expected. The stock has a P/E of 29.7, with earnings expected to rise by 44.7% this year, and by an additional 12.2% next year. Of course, higher oil prices would result in stronger than expected earnings growth, which would allow the stock to build on recent gains. The stock is currently trading at $82.50, and analysts have an $84.09 average price target on the stock.
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