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Chevron (CVX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Chevron (CVX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Since the start of 2023, Chevron (NYSE: CVX) stock has fallen nearly 11%, while the S&P 500 has surged 60% higher. If you're thinking of adding Chevron to your portfolio, consider the following first.
CVX data by YCharts. Chevron is down but not out. With that background, it is time to consider the dividend. Not the yield, but the actual dividend payments that Chevron has made over time.
The oil price slump has greatly impacted the results of Chevron's (CVX) upstream unit for obvious reasons but even the downstream segment numbers have been dragged down by lower petroleum products ...
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail ...
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