BP stock looks bullish on high dividend yield, new CEO

Key PointsBP's dividend yield stands at 4.2%, higher than energy industry peers, with dividend increases in the past three years.The BP chart shows a potentially bullish formation, as the current consolidation undercut prior lows.The company named a new CEO in January, a move that may be a catalyst for price gains. 5 stocks we like better than BPThe BP plc NYSE: BP chart shows a stock setting up in a healthy base formation that often precedes a new rally. The stock could be an undervalued gem, and already h ...