Chevron has taken a nice leap this morning of over 4% after one of the analyst upgraded the PT to $96. Weren’t there just naysayers saying that oil will never rise again? I think this stock is still undervalued and there is plenty of room to the upside. Even if it doesn’t go up, you still get a nice dividend of over 4%. I don’t see much downside especially for a company that focuses on energy through not only oil but through natural gas, solar, wind, and energies of the future.
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