A tale of two oil stocks.
Charts for FTI and PSX look about the same.
Which one do I prefer?
I like the lower P/E ratio on PSX. But not recommending.
Warren Buffett likes his stocks to have a "moat," a margin of safety.
A lower P/E can satisfy that for me. The stock is not overvalued. In fact, it is a bargain.
Other factors, fundamental and technical, matter too.
Charts posted are not recommendations. They are just a sharing of information.