2 No-Brainer Oil Dividend Stocks to Buy Right Now With Less Than $500
Technology has increasingly represented the broader market. So much so that investors might overlook energy, which remains the ultimate foundation for the world's economy. Integrated oil and natural gas giants ExxonMobil (NYSE: XOM) and (NYSE: CVX) have endured the energy industry's ups and downs for decades.
These companies explore for and refine oil and natural gas, but thrive in times of high commodity prices. ExxonMobil and Chevron have the ingredients that buy-and-hold investors look for, and the industry's dynamics could create sustained windfalls of profits for both.
Here is why spending $500 to buy shares of both companies is a stellar investment idea.
Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 25 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a slightly positive potential of 19.73% compared to the current price of 149.5 € for Chevron Corp..