3 No-Brainer Oil Stocks to Buy With $500 Right Now
President Trump's push for fossil fuels has put oil stocks back on investors' radar. On his first day in office for the second term, Trump declared a national energy emergency, froze federal funding for clean energy, and avowed his intentions to boost the domestic oil and gas industry.To be sure, Trump's push doesn't mean all rosy days ahead for oil and gas companies as there are many ifs and buts, including the impact of proposed tariffs on oil prices. Yet, some oil stocks look particularly compelling, such that you could buy some shares without a second thought for as little as $500 and hold them for the long term. Here are three such no-brainer oil stocks to buy right now.Any investor who wants to bet on the U.S. oil industry growth under Trump won't give Chevron (NYSE: CVX) stock a miss. Originally established as the Pacific Coast Oil company in 1879, Chevron has come a long way since and is one of the largest oil and gas companies in the world today.Continue reading
President Trump's push for fossil fuels has put oil stocks back on investors' radar. On his first day in office for the second term, Trump declared a national energy emergency, froze federal funding for clean energy, and avowed his intentions to boost the domestic oil and gas industry.
To be sure, Trump's push doesn't mean all rosy days ahead for oil and gas companies as there are many ifs and buts, including the impact of proposed tariffs on oil prices. Yet, some oil stocks look particularly compelling, such that you could buy some shares without a second thought for as little as $500 and hold them for the long term. Here are three such no-brainer oil stocks to buy right now.
Any investor who wants to bet on the U.S. oil industry growth under Trump won't give Chevron (NYSE: CVX) stock a miss. Originally established as the Pacific Coast Oil company in 1879, Chevron has come a long way since and is one of the largest oil and gas companies in the world today.
