- The Risk Trade Has Not Gone Away—Yet
- Black Friday No Disaster, But Retail May Be Dead For A Bit
- Traders Focus On The Homefront
- Despite Dubai, U.S. Markets Calm
- Stocks Lurking Near New Highs Again
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
TRADER TALK RSS FEED
MOST SHARED
- GE, Comcast Complete Deal Over NBC Universal: Source
- Keeping America Great
- New Incentive To Improve... Your Home, That Is!
- Japan Business Mood at One-Year High: Reuters Tankan
- Lightning Round OT: Incyte, Randgold Resources and More
- Look Ahead: Markets Count Down to US Jobs Report
- Australia Parliament Rejects Carbon Trade Laws
- Predictions 2010: Technology
- Unemployment to Peak at 10.5%: Moody's Economist
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
- GM Removes CEO Henderson; Whitacre is Interim Chief
- Who Were the Biggest Winners And Losers This Year?
- Look Ahead: Markets Count Down to US Jobs Report
- GE, Comcast Complete Deal Over NBC Universal: Source
- US May Raise Rates Before Jobs Recover: Fed's Plosser
- Cramer: Watch Tech Stocks Wednesday
- Stocks Likely Don't Need Santa to Keep Rally Going
- Super Fantasy Christmas Gifts of 2009
- Larry Kudlow's Open Letter to Tiger Woods
More Videos
Trader Talk
Text Size 
ExxonMobil by itself is now a larger company than Citigroup, Bank of America, JP Morgan, Wells Fargo, Goldman Sachs, Morgan Stanley and Bank of New York COMBINED.
That's right, COMBINED. Exxon market cap: $400 billion. All the above financials combined: $390 billion.
ExxonMobil is the largest stock in the S&P 500. Wal-Mart, the nearest competitor, is a little more than half that size. ExxonMobil has been notably outperforming the market recently. Since early September, Exxon has been up about 5 percent, while the S&P 500 has been down 30 percent.
Financials have been down 45 percent in that time period. Why is Exxon doing so much better than the rest of the market, and even better than energy stocks in general (the S&P energy sector is down about 25 percent in the same period)?
1) Safe haven
2) Great balance sheet
3) Not going anywhere
_____________________________
New from CNBC.com:
_____________________________
_______________________________________
CNBC's Names in the News:
Pfizer [PFE
Loading...
()
]
General Motors [GM
Loading...
()
]
_______________________________________
Questions? Comments?
POPULAR TRADER TALK POSTS
- The Risk Trade Has Not Gone Away—Yet
- Black Friday No Disaster, But Retail May Be Dead For A Bit
- Traders Focus On The Homefront
- Despite Dubai, U.S. Markets Calm
- Stocks Lurking Near New Highs Again
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
Data is a real-time snapshot *Data is delayed at least 15 minutes