1 Magnificent High-Yield Energy Stock Down 20% to Buy and Hold Forever
The energy sector is volatile. That's a fact of investing life that anyone looking at the space needs to clearly understand. But not all energy companies are alike, and that can open up opportunities for investors that can see past what are sometimes headline-grabbing energy swings, like the price reversals that have taken place in recent days.Right now, Chevron (NYSE: CVX) is one high-yield energy laggard that is worth buying and holding for the long term.The first thing that investors need to understand is that oil prices can rise and fall in often dramatic, and swift, fashion. Even when the moves aren't rapid, they can still be material.Continue reading
The energy sector is volatile. That's a fact of investing life that anyone looking at the space needs to clearly understand. But not all energy companies are alike, and that can open up opportunities for investors that can see past what are sometimes headline-grabbing energy swings, like the price reversals that have taken place in recent days.
Right now, Chevron (NYSE: CVX) is one high-yield energy laggard that is worth buying and holding for the long term.
The first thing that investors need to understand is that oil prices can rise and fall in often dramatic, and swift, fashion. Even when the moves aren't rapid, they can still be material.
