Today’s best penny stocks are all about energy. The biggest energy companies in the world rely on oil and gas to make their profits. These companies have billions and billions of dollars in assets. But do these stocks actually make money? They sure as hell don’t make money when the price of oil falls.
Why are energy companies so focused on oil in the first place? Because the oil companies are the biggest investors in governments, and they want the oil that governments produce to stay in their hands. So they invest in the oil companies so they can have a stake in their own future. And since energy companies are the largest investors in governments, they also have the biggest stakes in energy companies.
The best energy penny stocks are those that are trading at under $1 a share. In other words, they’re the ones that are trading at a discount to the stocks that are trading at a premium. A discount is when a stock is trading at $1, but your target is trading at $1.35. A premium is when a stock is trading at $1, but your target is trading at $.50.
How much longer will Exxon Mobil hold its stock price at 1.4? That is so far below its target of 1.35 that I do not trust anyone to actually hold their stock at such a low price.
The price of Exxon Mobil is $70.00, though it might be a bit higher than $40.00. I don’t care. If a lot of people want to spend money on a pair of shoes they can get them in time for the holidays. They can buy the shoes through Exxon.com.
Exxon Mobil is an excellent stock, but it looks like the price of Exxon Mobil is just barely above $100,000. If you want to buy them in order to protect yourself from any potential downside, you can bet that Exxon Mobil will be the next Best Energy Penny Stock in the US.
The only problem is that Exxon Mobil is down almost 4.86% today. So to get back in the money, you can hope that it will go back up to 80.00.
What the best energy penny stocks have in common is that they all have big price gaps, meaning that they are overpriced relative to their current market value. This is in part because most investors have a hard time getting any idea just how much Exxon Mobil is worth. It’s also because there is a lot of misinformation out there about the company, so a good portion of the market is simply ignorant about Exxon Mobil.
In the past, you could take the opportunity to buy penny stocks that seemed a little too good to be true. But in the case of Exxon Mobil, the company has gone from being a small energy trader to a giant energy trader in a relatively short period of time. So if you have the cash to do so, you should go ahead and buy some Exxon Mobil.
Mobil is worth. Mobil is not a small energy trader. It is one of the largest energy traders in the world, with over $4.5 billion in assets and $20 billion in cash reserves as of September 2012. It has been part of Exxon-Mobil since the 1970s, and that may be something that people don’t know about right now.