Chevron Stock: Strong Dividend and Attractive Put Yields Signal a Buy

Reported about 11 hours ago

Chevron Corp (CVX) shares are currently appealing due to a robust 4.6% dividend yield, which is above its historical average, and the potential for significant price appreciation. Analysts suggest that CVX could be undervalued, forecasting price targets between $165 and $181, indicating possible upside of 10-22%. Additionally, selling short put options can yield a monthly return of 1.67%, making this strategy attractive for investors looking to capitalize on Chevron's performance.

Source: YAHOO

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