Better Stock Buy: The Southern Company vs. Chevron
If you are a dividend investor looking for an energy stock, you should make sure to pull back and see the broader industry. Electricity is just as important an energy source as oil and natural gas. For example, you might want to compare (NYSE: CVX) and Southern Company (NYSE: SO) if you are trying to add a reliable dividend stock to your portfolio.
Here's why conservative investors will probably prefer Southern.
Chevron is an integrated energy company, which means that its business spans from drilling (upstream) all the way through to refining and chemicals (downstream). That provides some balance to the top and bottom lines, but oil and natural gas prices are still going to have the biggest impact on its financial results.
Source Fool.com
Chevron Corp. Stock
€145.52
0.230%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 23.01% compared to the current price of 145.52 € for Chevron Corp..
