Both returning to more normal valuation lately I was wondering what the bear cases for these can be.
Xom I can see that in a recession oil will tank as usual, so I am skeptical. On the other hand LNG will soar come winter unless there will be deals with Russia. Xom seems to know and strengthen this segment.
LHM seems to be valued more in line with the long-term trajectory now / soon and I don't see conflicts in the pacific or Ukraine go away soon. Does lhm do its own software? I am a little afraid that it will turn out like ford at some point.
Do you think it might be a good time to rotate some money out of REITs?
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