From 2015 to 2018 oil dropped below $50 and they still maintained and grew their dividend. Growth prospects are very scarce here nit at the right price they offer one of the best income based investments. Hoping to get in at a really good price
I'm impressed by their dividend growth and consistency too. Finding value in CVX makes sense here given the lack of value in the market but I just can't get myself to buy it while earnings are good. I also think I'd rather go for MLPX instead. Are you seeing this as a buying point or are you waiting for a cyclical downturn?
I think CVX is a good buy when oil field crashes cause it will come back up. I just bought 20k at this last dip. Just gonna hold till it goes back to 160. Might even buy more if it continues to dip.
That makes sense, I think investors are buying Chevron for the dividend and CEOs like to confirm investor interests. How safe do you think their dividend will be over the next 10 years?
Which stocks do you see value in right now?
From 2015 to 2018 oil dropped below $50 and they still maintained and grew their dividend. Growth prospects are very scarce here nit at the right price they offer one of the best income based investments. Hoping to get in at a really good price
I'm impressed by their dividend growth and consistency too. Finding value in CVX makes sense here given the lack of value in the market but I just can't get myself to buy it while earnings are good. I also think I'd rather go for MLPX instead. Are you seeing this as a buying point or are you waiting for a cyclical downturn?
Thanks for sharing!
I think CVX is a good buy when oil field crashes cause it will come back up. I just bought 20k at this last dip. Just gonna hold till it goes back to 160. Might even buy more if it continues to dip.
I think that's smart to buy during a cyclical downturn. It sounds like you have patience on your side. Priceless.
The CEO has said their #1 goal is the dividend and everything else they do is to support the dividend.
That makes sense, I think investors are buying Chevron for the dividend and CEOs like to confirm investor interests. How safe do you think their dividend will be over the next 10 years?
@@tradingfundamentals Very safe. 36 consecutive years of growing its dividend and 112 consecutive years of never cutting its dividend.
@@oppenheim2 That's fair they do have quite the track record and they sell essential products.