Chevron Corporation (CVX) is a major oil and gas company with a market capitalization of $370.3 billion. The stock has significantly outperformed the Nasdaq Composite ($NASX) over the past three months and year-to-date, despite a mixed Q4 earnings report where revenue missed estimates but adjusted EPS exceeded expectations. Analysts maintain a “Moderate Buy” rating for CVX, with a Street-high price target suggesting further upside.
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Is Chevron Stock Outperforming the Nasdaq?
Chevron Corporation (CVX) is a major oil and gas company with a market capitalization of $370.3 billion. The stock has significantly outperformed the Nasdaq Composite ($NASX) over the past three months and year-to-date, despite a mixed Q4 earnings report where revenue missed estimates but adjusted EPS exceeded expectations. Analysts maintain a “Moderate Buy” rating for CVX, with a Street-high price target suggesting further upside.