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|See Which Of The Latest 13F Filers Holds Chevron
Monday, August 15, 9:13 AM ET, by Market News Video Staff
At Holdings Channel, we have reviewed the latest batch of the 63 most recent 13F ...
Chevron About To Put More Money In Your Pocket (CVX)
Monday, August 15, 11:45 AM ET, by Market News Video Staff
On 8/17/16, Chevron Corporation (CVX) will trade ex-dividend, for its quarterly dividend of $1.07, payable ...
Interesting June 2017 Stock Options for CVX
Monday, August 15, 12:05 PM ET, by Market News Video Staff
Consistently, one of the more popular stocks people enter into their stock options watchlist at ...
Chevron Corporation a Top Ranked SAFE Dividend Stock With 4.2% Yield (CVX)
Tuesday, August 16, 7:17 AM ET, by Market News Video Staff
Chevron Corporation (CVX) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a ...
Noteworthy ETF Outflows: XLE, CVX, SLB, PXD
Thursday, August 18, 10:57 AM ET, by Market News Video Staff
Symbols mentioned in this story: XLE, CVX, SLB, PXD Exchange traded funds (ETFs) trade just ...
Broker Darlings of the Dow: Chevron Corporation Ranks As a Top 15 Analyst Pick
By Market News Video Staff, Friday, September 28, 12:04 PM ET
A study of analyst recommendations at the major brokerages shows that Chevron Corporation (NYSE:CVX) is the #2 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Chevron Corporation is also a top tier analyst pick among the broader S&P 500 index components, claiming the #29 spot out of 500.
In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages. Investors often interpret analyst opinions from different angles — a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise.
From the other direction, when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor.
For these reasons, we at ETF Channel find value to putting together these rankings, because both the top and the bottom ends of the lists can often make for some interesting stock picking ideas for further research.
Below is a chart of rank over time:
According to the ETF Finder at ETF Channel, CVX makes up 15.23% of the Energy Select Sector SPDR Fund ETF (XLE) which is trading lower by about 1% on the day Friday.
See what other ETFs contain CVX »
See what other stocks are held by XLE »
CVX operates in the Oil & Gas Refining & Marketing sector, among companies like Exxon Mobil Corp. (XOM) which is down about 0.9% today, and ConocoPhillips (COP) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of CVX, versus XOM and COP.
CVX is currently trading down about 0.8% midday Friday.
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