Jun 25, 2024
 in 
Hot Stocks 🔥

Chevron Corp Could Rise By 16.5% This Year | Nemo

Name of opportunity: 👀

Chevron Corporation 

Fill up the tank: ⛽

This energy company, in the field of natural gas and oil, is currently rated as a ‘Buy’ by analysts. You can find it in Warren Buffett’s portfolio of investments. If you want to copy the so-called ‘Oracle of Omaha’, one of the most successful investors of all time, Chevron Corporation could be one stock to consider purchasing. 

How hot is this investment opportunity? 🔥🔥🔥

Analysts say that Chevron Corporation’s stock might increase in value from $156.72 to $183.52 in the next 12 months. If you invested $1000, you might profit $165.45. One reason for analyst’s optimism about this stock is that Chevron is set to Hess Corporation, another company which is a major force in the exploration and production of crude oil and natural gas. Chevron has also signed an agreement on 13 June with Algerian energy company Sonatrach, expanding its reach into new countries. 

Chevron Corporation also offers a higher than average dividend yield of 3.93%. For an investment of $1000, you would earn $39.30 a year in dividends (based on the last 12 months).

Oil and gas: 🛢️

Chevron Corporation is an integrated energy company. The Company produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives, and develops technologies that enhance its business and the industry. It is active in more than 180 countries. Chevron’s operations also include work in alternative energy including geothermal solar, wind, biofuel, fuel cells, and hydrogen.

Which neme?: 🔍

‘Oil and Gas’, ‘High Growth Stocks’, ‘Largest U.S. Stocks’, ‘Moderate Volatility Stocks’, ‘Popular Dividend Stocks’ and of course, ‘Copy Warren Buffett’ 

Download Nemo to check out Chevron Corporation - as well as other stocks handpicked from Warren Buffett’s portfolio

Han Tan

Han Tan is Chief Market Analyst at Nemo.money, bringing over a decade of experience in financial markets as both a seasoned journalist and analyst. Known for his sharp insights into stocks, currencies, and commodities, Han has become a familiar face to national audiences through appearances on Bloomberg TV Malaysia, BFM 89.9, and NTV7 — earning him a trusted reputation in financial media. Before joining Nemo, Han served as Market Analyst at Exinity Group from 2019, where his commentary on macroeconomic trends and market-moving news was regularly featured by global outlets including Reuters, Bloomberg, CNN, BBC, and AFP. Today, Han brings that same clarity and depth to Nemo’s community, delivering content-led ideas that empower first-time investors to confidently navigate global markets.