Friday, January 23, 2009

Exxon Mobil Now 5.5% of S&P!?

VERY interesting 3 minute CNBS video regarding Exxon (XOM). XOM is now, wait for it… 5.5% OF THE ENTIRE S&P 500! One company!

XOM, by itself, is larger than the entire Utilities Sector! Is it too big? I think this analyst nailed it pretty well…

CNBC Video – 3 minutes