jayjayjay1212

Exxon Mobil: World’s Safest Investment

I agree with the stockaccumulator in that PBR will offer a better nominal return over the long term. However, its risk profile is not even comparable to Exxon's. PBR can almost be considered a growth company, with its 113 billion $ capital expenditure budget by 2012. Exxon should ''only'' grow somewhere in the mid to high single digits for the next couple of years. Therefore, comparison between the two is not straightforward...

Exxon is definitely a safer investment vehicle than PBR, but personally, I would own both, this way you get the best of both worlds: A strong value company in Exxon and a solid ''growth'' stock in Petrobras. They should actually be a nice complement in a diversified portfolio.