Jim Cramer Supports Chevron (CVX) for Strong Returns: '4% Yield Even If Oil Prices Drop'

Reported 2 days ago

Jim Cramer recently expressed his confidence in Chevron Corporation (CVX), emphasizing its 4% dividend yield and solid cash flows despite fluctuating oil prices. During his CNBC appearance, he critiqued the uncertainty around new tariffs introduced by President Trump and dismissed recession fears, highlighting that the Dow Jones Industrial Average continues to perform well. Cramer believes Chevron's leadership and financial health make it a strong pick in the current market.

Source: YAHOO

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