“In a downward oil price environment, being the ultimate energy blue chip helps," Raymond James writes in upgrading Exxon Mobil (XOM) to Outperform. "In the context of our below-consensus oil view for 2013, Exxon stands out for its free cash flow generation." But the firm cuts Hess (HES) and Murphy Oil (MUR), as both stocks are tightly correlated to the price of oil.
“In a downward oil price environment, being the ultimate energy blue chip helps," Raymond James...
From other sites
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs