5 Most Profitable Value Stocks Now

2. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 79

Exxon Mobil Corporation (NYSE:XOM) is one of the most profitable companies, thanks to its huge footprint in the energy markets and rising energy demand. UBS recently upgraded Exxon Mobil Corporation (NYSE:XOM) to Buy from Neutral with a $144 price target. The firm thinks Exxon Mobil Corporation (NYSE:XOM) is best positioned to outperform in the current upcycle.

Out of the 943 hedge funds tracked by Insider Monkey, 79 hedge funds had stakes in Exxon Mobil Corporation (NYSE:XOM). The biggest hedge fund stakeholder of Exxon Mobil Corporation (NYSE:XOM) is Rajiv Jain’s GQG Partners which owns a $3.6 billion stake in the company.