2 No-Brainer Oil Stocks to Buy With $1,000 Right Now
If you have $1,000 to invest and are looking at the energy sector, don't go for broke by betting on big price gains. Instead, step back and consider the longer-term history of this inherently volatile sector.
What you really want to own are companies that have proved themselves capable of benefiting from the industry's ups while handily surviving its downs. On that score, two of the best energy options today are ExxonMobil (NYSE: XOM) and (NYSE: CVX). Here's why.
During the early days of the pandemic, there was massive uncertainty in the world. Countries basically shut down their economies in an effort to slow the spread of the illness.
Source Fool.com
Chevron Corp. Stock
€148.90
-0.960%
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 positive potential of 20.21% compared to the current price of 148.9 € for Chevron Corp..
