Comment on If I Had to Buy One Stock in March, It Would Be This One

If I Had to Buy One Stock in March, It Would Be This One

A major collaboration with ExxonMobil (NYSE: XOM) could significantly boost oil production over the next five years and that could make it a great time to add Hess Corporation (NYSE: HES) to portfolios. The upstream oil producer's shares have fallen by over 12% since early January, and recently, management doubled its share repurchase program to $1 billion to take advantage of the dip -- I believe this a top stock to buy in March.Hess Corp is refocusing its oil and gas production portfolio toward low-cost growth and away from mature, low-growth areas, including the North Sea and Permian basin.Image source: Getty Images.Continue reading

 

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