Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Only Nine Dow Components With Recent Insider Buying, CVX is One of Them
Thursday, August 13, 11:17 AM ET, by Market News Video Staff

The officers and directors of a company tend to have a unique inside view into ...

One Put, One Call Option To Know About for Chevron
Monday, August 17, 12:02 PM ET, by Market News Video Staff

Consistently, one of the more popular stocks people enter into their stock options watchlist at ...

Will Insiders Be Tempted To Buy More CVX At The New 52-Week Low?
Tuesday, August 18, 1:54 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Chevron Corporation (CVX) touched a new 52-week low of ...

Noteworthy ETF Inflows: XLE, CVX, SLB, KMI
Wednesday, August 19, 10:46 AM ET, by Market News Video Staff

Symbols mentioned in this story: XLE, CVX, SLB, KMI Exchange traded funds (ETFs) trade just ...

Noteworthy Wednesday Option Activity: MET, AZO, CVX
Wednesday, August 19, 3:02 PM ET, by Market News Video Staff

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...

  More articles:  1 2 3 4 5 6 7 next »

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
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

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,XOM,COP Relative Performance Chart

CVX is currently trading down about 0.8% midday Friday.

Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   Analysts   Below   Channel   Chevron   Corporation   Current   Friday   Investors   Sector   Start   about   according   afterLeftLabels   also   among   analyst   because   both   bullish   chart   chartBackgroundColor   come   companies   components   conclusion   could   down   fillColor   from   lower   major   many   mean   movingAverages   often   opinions   other   pick   rank   should   slideshow   stock   stocks   tallied   that   these   trading   were   what   which
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Stock Message Boards Stock Market Definitions

Broker Darlings of the Dow: Chevron Corporation Ranks As a Top 15 Analyst Pick | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.