XOM

Go Gas and Oil! Summer driving season is upon us, time to go long the best in breed in the sector which includes Valero Energy Corporation (NYSE:VLO), Exxon Mobil Corporation (NYSE:XOM), and ProShares Ultra Oil & Gas (ETF) (NYSE:DIG).

Exxon Mobil Corporation (NYSE:XOM) is the biggest company in the major integrated oil and gas industry, and today we want to highlight why the stock should be a candidate for portfolios. 

The Dow is down over 200 points today which is why we are on the search for high paying dividend stocks, a classic move like Exxon Mobil (NYSE:XOM) with a 2.58% yield all the way to New York Mortgage Trust, Inc. (NASDAQ:NYMT) at 15%.  Dividend paying stocks are key when trading in this volatile market, you can always play it safe with the Vanguard Dividend Appreciation ETF (NYSE:VIG).

With the current price around $75 per barrel, a jump to $95 per barrel could really boost the bottom line for the big oil stocks such as Exxon Mobil (NYSE:XOM), Chevron Corp. (NYSE:CVX), and ConocoPillips (NYSE:COP). 

Could it be possible that Exxon Mobil Corporation (NYSE:XOM) is the greatest company in the history of the world? 

Exxon Mobil (NYSE:XOM) is taking out XTO Energy (NYSE:XTO) for $31 billion and with all the money riding on the future of natural gas, its making the United States Natural Gas Fund, LP (NYSE:UNG) look pretty.

The Dow Jones got up to 10,495 this morning thanks to big oil leading the charge, Exxon Mobil (NYSE:XOM) and friends are ripping higher today, the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG) is up 4% as investors turn to oil, commodities, and gold. 

Stocks are on fire today thanks to oil, commodities, gold and sales of existing homes increasing 10.1% in October, according to the National Association of Realtors.

Looking to place a safe bet?  Everyone is, and a ton of money went into buying the world's largest publicly traded company Exxon Mobil (NYSE:XOM).  If you don't want to pick a single oil stock, go with the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG).

Berkshire Hathaway (NYSE:BRK.A) has got the fever for Wal-Mart Stores Inc. (NYSE:WMT) and the only cure was buying more shares.  Berkshire Hathaway's regulatory filing shows it nearly doubled its stake in Wal-Mart to 37.8 million shares valued at $1.86 billion.