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Chevron Is My Best Short Idea For 2016

2016-02-28 08:32:55| Oil & Gas - Topix.net

I personally believe Chevron is the most overvalued mega cap , and perhaps even the most overvalued large cap on the entire U.S. stock market. If oil market conditions worsen, the dividend is at serious risk, and CVX could easily plunge through $40, perhaps even close to $30/sh.

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Category:Energy and Environment

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