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Chevron stock punished enough, looking like a Buy, Barron’s says
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Chevron stock punished enough, looking like a Buy, Barron’s says

In less than a year, Chevron has gone from being Wall Street’s favorite Big Energy company to a show-me story. Investors who buy the stock now should end up liking what they see, Andrew Bary writes in this week’s edition of Barron’s. Wall Street is too negative on the company’s prospects. While the situation at Chevron may take a few quarters to resolve, it looks well-positioned for what is likely to be decades of strong demand for fossil fuels, the author says.

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