Investing in energy stocks like Exxon Mobil (NYSE:XOM) is all about your time horizon. In the near term, oil and natural gas prices are likely to be volatile, making it difficult to determine which way XOM stock will trend.
By the end of 2022, traditional energy stocks could start to be seriously damaged by the transition to electric vehicles.
But in the medium term, oil and natural prices will likely be elevated, making XOM stock ideal for investors with a time horizon of five to nine months.
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