Why Chevron Stock Surged Over 16% in January

Shares of Chevron (NYSE: CVX) started this year by rallying 16.1% in January. That easily surpassed the S&P 500's 1.4% rise. Oil prices helped fuel that rally. However, crude oil wasn't the only catalyst sending Chevron stock higher last month. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Getty Images. Oil ends its slump Oil prices rebounded in January. WTI, the U.S. o ...