XOM is currently overvalued due to high oil prices; position was trimmed unless high prices persist for decades.

And then finally, I have Exon Mobile, ticker symbol XOM. This is a stock that I bought a bunch of in 2020. Now, a bunch. I had a lot less money invested back then, and I actually trimmed it in 2026, and that's because I think it's kind of overvalued right now with how oil prices are, unless oil prices remain this high for decades to come.

Currently, I have a total return of 393% on that stock. And longtime viewers have heard me say this in the past. I like to buy these oil stocks when they are out of favor. The price of oil is low.

People think they're going to go out of business. People think oil is over. Right now, we're in the exact opposite of that. We're in exuberance. Yes, the price of oil is high, but that does not last forever.

And if you look at the dividend yield of Exon Mobile, it's currently 2.51%. I was buying this at a 9% dividend yield. So you can see this is one of the lowest dividend yields for Exxon Mobile over the past 5 years.

In fact, it's one of the lowest going back to 2007. And you can see the big outlier period that happened in 2020 and early 2021. And in hindsight when we look at that, that was probably a once- ina-lifetime opportunity.

But it's a little bit of pattern recognition that you can have for the long term. I wish I went even bigger and made it like 80% of my holdings at that time. And I was pretty new to investing back then.

I didn't have necessarily the conviction to buy that much. And also, I didn't really have the knowledge I have today about even better opportunities I could have bought than Exon Mobile in that oil and gas space because there were a ton of companies that were just screaming buys back then.

but that's from four different companies. Microsoft, Google, Exon Mobile, and Nvidia.

From Exxon Mobile, I got $112.