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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, August 15, 2023

Oil, Gold Stocks Are Undervalued. Value Stocks


 

Oil, Gold stocks are undervalued on geopolitical tensions and supply limitations for oil in Russia and mainly Saudi Arabia.

Exxom Mobil , Chevron, BP, Royal Dutch Shell, Total and most mid-sized companies are undervalued.

The ESG trend is suppressing oil production, but the ESG trend is slightly slowing, so oil producing companies can benefit by increasing oil drilling and respectively oil and natural gas production.

Even with high interest rates, gold miners are in general undervalued. There is excessive money created, geopolitical havoc and search for safety, safe harbor which benefits gold miners' stocks.

Oil and gold stocks are the current value stocks.

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