Inflation Stocks To Watch Right Now Occidental Petroleum Corporation (NYSE: OXY) Exxon Mobil Corp (NYSE: XOM) Newmont Corporation (NYSE: NEM) American Tower Corp (NYSE: AMT) Occidental Occidental is an energy company that specializes in exploration and production activities around the world. Thus, it should not be surprising that NEM stock has climbed more than 35% since the start of the year. We have deep knowledge of the asset and the value it brings to Newmont stakeholders.” All things considered, would NEM stock be a strong hedge against inflation right now?