Bull Market Buys: 3 Dividend Stocks to Own for the Long Run
During bull markets, when investors are feeling optimistic, it's easy for dividends to slide under the radar. But while the market is focused on share price appreciation, owning dividend stocks can offer investors a two-for-one deal.
Investors looking for dividend income can start with these three energy companies. Each finished down in 2023, missing the rally that drove most major indexes higher, but they're each positioning themselves for long-term success.
(NYSE: CVX) is one of the largest oil companies in the world and continues to grow, thanks to the company's aggressive acquisition spree recently. In 2023, Chevron acquired PDC Energy for $7.6 billion, acquired Magnum Development, and agreed to buy Hess in a giant $60 billion deal (including debt) that's expected to close early this year.
Source Fool.com
Chevron Corp. Stock
With 25 Buy predictions and not a single Sell prediction Chevron Corp. is an absolute favorite of our community.
With a target price of 179 € there is a positive potential of 25.54% for Chevron Corp. compared to the current price of 142.58 €.
