Exxon Mobil, known as a "Dividend Zombie," faces competition from AI-driven tech stocks in 2021.
Exxon Mobil Corp (XOM), dubbed a "Dividend Zombie," faces competition with tech stocks that soared in 2021 due to AI trends. However, as AI-related companies drove market growth, high dividend-paying stocks' valuations dipped in comparison. These stocks also offer diversification benefits, making them a potential long-term investment opportunity despite less attractive valuations.
June 23, 2024
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