The Value Stock Big-Money Managers Are Quietly Buying
Oil prices have started bouncing higher,, but even before geopolitical developments resulted in a rebound, Wall Street's "smart money" apparently began increasing their positions in top oil and gas companies.
At least, that's the takeaway, based on recent money manager accumulation of shares in (NYSE: CVX) since late last year.
Chevron has been a top oil and gas stock for years, but today it offers an interesting value proposition. While Chevron stock may not appear cheap on a screener, several factors suggest it is inexpensive relative to its future potential.
Source Fool.com
Chevron Corp. Aktie
156,34 €
-2,03 %
Chevron Corp. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 162 € für Chevron Corp. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 156.34 € an.
