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Goldman Sachs Downgraded Chevron Stock. Here Are the Oil Stocks to Buy Instead.

Por: MarketWatch Business April 07, 2021

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But despite Chevron stock’s (ticker: CVX) 5% dividend yield, some of its competitors are showing improvements and trading at more discounted valuations. On Tuesday, analyst Neil Mehta downgraded Chevron to Neutral from Buy, recommending that investors look elsewhere for larger gains. Chevron stock remains relatively attractive, but other stocks now stand out more, he argues. That includes (XOM), (COP) and European majors like BP (BP), Royal... + full article



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