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Up 13% in just 1 month, could Chevron stock have further to run?
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Up 13% in just 1 month, could Chevron stock have further to run?
US oil major Chevron (NYSE: CVX) has been having a good run of it lately. Not only is Chevron stock up 82% over the past five years, it has jumped 13% in the past month alone. Ongoing geopolitical uncertainty has raised questions about what might happen to energy prices, feeding investor appetites. On top of that, the share yields 4.1%. On this side of the pond that is already attractive, as it is well above the current FTSE 100 average. For a U…
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