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Friday, December 30, 2011

ExxonMobil (XOM) (HAL) (SLB) (CVX) (NBL) Among Top 2012 Picks

With stability and predictability major considerations for 2012, energy companies are among the attractive investment candidates for the year, led by ExxonMobil (NYSE:XOM), Halliburton (NYSE:HAL), Schlumberger (NYSE:SLB), Chevron (NYSE:CVX) and Noble Energy (NYSE:NBL).

With the majority of investment advisors' top picks doing horrible last year, they're attempting to build out some credibility by focusing on and recommending large-cap stocks that don't have a lot of downside risk.

These of course inevitably include large energy companies which are assured of continuing demand like those mentioned above, which are all on the 2012 lists of many institutional investors.

Exxon Mobil was trading at $85.14, down $0.13, or 0.15 percent, as of 11:06 AM EST. Halliburton was at $34.25, up $0.46, or 1.36 percent. Schlumberger was at $67.68, gaining $0.27, or 0.40 percent. Chevron was at $106.85, falling $0.62, or 0.58 percent. Noble Energy was trading at $94.73, dropping $1.30, or 1.35 percent.

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