Group 1 - Chevron Corporation (NYSE:CVX) is recognized as a significant player in the energy sector, involved in the exploration, production, refining, and marketing of oil, natural gas, and petrochemical products [2] - The stock has a current yield of approximately 4.5% to 4.6%, and the company is noted for its substantial buyback program, indicating strong shareholder returns [1][2] - Recent discussions highlight CEO Mike Wirth's potential to enhance the company's performance, particularly if opportunities in Venezuela materialize [1] Group 2 - The stock price of Chevron has fluctuated, previously dropping to around $135 and currently standing at $153, with potential concerns about oil prices possibly falling below $60 [2] - Despite the potential of Chevron as an investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [2]
Jim Cramer on Chevron: “I Would Stick With It”