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Why I'm Long Exxon Mobil

Exxon Mobil (NYSE:XOM) is the largest oil corporation in the world. The company holds the record for most profit in a year by a corporation, at $45 billion in 2008 (~$50 billion adjusting for inflation). Over the last 6 months, the stock market has risen about 6%, while Exxon Mobil's stock price has dropped 8% in the same time period for 14% relative…