Open Question
Cramer recommends investors own an oil stock. I have cash on the side and
unsure if now is the time to buy CVX, (my preference with almost 3% yield) or
XOM or to just wait. Considering that the cash came from a bond fund that did
nothing but about 2% for the last year, is CVX not a great buy?!
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I'll take CVX any day over XOM.
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Wait for a pullback for XOM. 52 wk. low is 76.14 on 8/4/08. I think Cramer likes
COP best, though. I've held XOM for years and it's been a great core position
for me and it pays a nice div.
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