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  • Investing Ideas - Chevron Corporation. Good stock to buy 0 comments
    Dec 21, 2011 4:37 PM | about stocks: CVX
    If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.
    W.Buffett
     
     
    CVX stock’s price has a strong support at $98.05 level. The price is above its SMA100 – very good indication.
    We see up-trend in the weekly chart. It’s another one support line. MACD and RSI are in convergence with the price. In our opinion the price will go up.
    Chevron Corporation pays a dividend of $0.81 on a quarterly basis. Div/Yield at this moment is about 3%.

     
    Conclusion
    Chevron Corporation (NYSE: CVX) is very good stock for your investment portfolio in 2012.



    Dynamic chart:

    Stocks: CVX
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