5 Best No-Fee DRIP Stocks to Buy Now

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1. Exxon Mobil Corporation (NYSE: XOM)

Number of Hedge Fund Holders: 68
Dividend Yield: 6.6%

Exxon Mobil Corporation (NYSE: XOM) is an energy and natural gas company. It ranks 1st on our list of the best no-fee DRIP stocks to buy now, and operates to provide crude oil and natural gas in the US and across the globe.

As of this July, Piper Sandler holds a Neutral rating and raised price target of $69 on shares of Exxon Mobil Corporation (NYSE: XOM).

In the second quarter of 2021, Exxon Mobil Corporation (NYSE: XOM) had an EPS of $1.10, beating estimates by $0.11. The company’s revenue was $67.74 billion, up 107.77% year over year and beating estimates by $3.02 billion. Exxon Mobil Corporation (NYSE: XOM) has gained 27.08% year to date and 24.92% in the past year.

By the end of the second quarter of 2021, 68 hedge funds out of the 873 tracked by Insider Monkey held stakes in Exxon Mobil Corporation (NYSE: XOM) worth roughly $3.7 billion. This is compared to 65 hedge funds in the previous quarter with a total stake value of approximately $2.8 billion.

You can also take a look at 20 Largest Insurance Companies In The US  and 15 Biggest Companies That Don’t Pay Dividends.

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