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Hey Justin and all,
What are your thoughts on ARNC, RTX, and XOM? I picked them up maybe a month ago as long term holds but now I’m thinking of dumping them to hold cash.
Thanks for your time.
XOM scares me with the increasing debt, and increasing cost of revenue. Their stock has been lagging compared to the other majors in oil and gas. Furthermore, there were concerns over the dividend this quarter. Some optimism would be with their discoveries in Guyana and with the oil climate they could acquire some smaller companies. Interested to hear what other people have to say.
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