5 Most Profitable Stocks of the Last 20 Years

2. Exxon Mobil Corporation (NYSE:XOM)

Average Net Income: $27.21 billion

Number of Hedge Fund Holders: 79

With a 20-year average annual net income of $27.21 billion, Exxon Mobil Corporation (NYSE:XOM) is one of the most profitable stocks of the last 20 years. The company’s annual net income for fiscal 2022 amounted to $55.74 billion.

At the close of the Q4 2022, 79 hedge funds were long Exxon Mobil Corporation (NYSE:XOM) and disclosed positions worth $7.10 billion in the company. This is compared to 75 positions in the previous quarter with stakes worth $5.53 billion. The hedge fund sentiment for the stock is positive.

As of December 31, GQG Partners is the most prominent shareholder in Exxon Mobil Corporation (NYSE:XOM) and has a position worth $3.63 billion in the company.

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