Chevron Stock Near 52-Week Lows: Is It Good Enough to Invest?
CVXChevron(CVX) ZACKS·2024-09-05 22:51

Shares of Chevron Corporation (CVX) have dropped by nearly 9% over the past three months to close at $142.07 on Wednesday, near 52-week lows of $139.62. Having underperformed its rival ExxonMobil (XOM) , the sector and the S&P 500, the company’s current share price seems an excellent opportunity to build a position in a renowned company — after all you would much rather buy closer to the low than the high, right? 3-Month Price Performance Image Source: Zacks Investment ResearchLet’s now take a close look at ...