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Invest $100 a month in Chevron (CVX +0.1%) and "call me in 10 years," Deutsche Bank's Paul...
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Monday, April 30, 2012, 2:32 PM ETInvest $100 a month in Chevron (CVX +0.1%) and "call me in 10 years," Deutsche Bank's Paul Sankey quips, emphasizing the long-term nature of his Buy call on the stock. He shies away from a precise investor entry point, seeing CVX as "a waiting game" - waiting for final capex spending to emerge, for volume growth to start in 2014, for resolutions in Ecuador and Brazil, and lots more.
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