Following the close of the Pioneer Natural Resources acquisition on May 3, we are resuming coverage of Exxon Mobil at Overweight. In addition, we see 16% upside to Exxon’s 2025 consensus free cash flow per share at flat oil ($80 a barrel WTI).
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First Solar, a new member of IBD Leaderboard, has rallied sharply in recent months. Today's column introduces a double butterfly options trade in First Solar stock. After watching the daily recaps on IBD Live this past week, my eyes turned to First Solar stock.