The Case For and Against Buying Chevron Right Now
Key takeaways
- CVX Chevron (NYSE: CVX) is one of the world's largest and most diversified energy companies.
- Chevron is a financially conservative integrated energy giant.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
CVX Chevron (NYSE: CVX) is one of the world's largest and most diversified energy companies. It has a very attractive 4.1% dividend yield, backed by a multi-decade history of annual dividend increases. It is a strong option for any investor looking to add energy exposure to their portfolio. But the energy sector is in an unusual state today, which can't be ignored.
Chevron is a financially conservative integrated energy giant. With a portfolio spread across the globe and across the entire energy value chain, it is built to survive the sector's frequent swings. The long streak of annual dividend increases is proof of its success as a business. And the lofty yield can help investors stay invested through rough patches, allowing them to focus more on the dividend checks they are collecting than on the stock price.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »