Chevron: Is This A Good Dividend Stock To Buy?

Mario Tama Thesis Readers following our writings know that we have been long-term bulls for Chevron Corporation (NYSE:CVX). We have been arguing for a bullish thesis on the stock since early 2022, when the stock price was in the $130 range. Its stock price then rallied robustly and reached as high as $185 in early 2023. Since then, the stock price has suffered a correction of around 19% (see the chart below). And the thesis of this article is to argue that such correction has created an entry opportunit ...