4 Reasons Investors Should Love This Top Warren Buffett Stock
(NYSE: CVX) is one of Warren Buffett's five largest holdings. His company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), owns nearly 133 million shares of the oil giant, or about 7% of its outstanding shares. They're currently worth over $20 billion, giving Chevron a 6.1% weighting in Berkshire's investment portfolio.
Chevron continues to prove its worth as an investment. Driving that view is the company's ability to deliver on its four financial priorities. During the first-quarter conference call, the company's management team addressed its success in accomplishing these four financial goals.
CFO Pierre Breber stated on the call, "Strong operating cash flow enabled Chevron to deliver on its financial priorities during the quarter." He noted that the company delivered:
Source Fool.com
Chevron Corp. Aktie
Überwältigende Zustimmung für Chevron Corp. mit ausschließlich Buy-Einschätzungen.
Ein Kursziel von 179 € für Chevron Corp. könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 133.6 € führen.
