Jim Cramer expressed strong confidence in Chevron (CVX), advising investors to hold onto the stock due to its consistent performance and attractive 3.85% dividend yield. He highlighted Chevron’s robust cash flow, significant stock buyback program, and potential benefits from its business operations in Venezuela. Cramer views Chevron as a long-time favorite for its consistency and considers its current position promising.
Jim Cramer on Chevron: "I Would Hold on to That"
Jim Cramer expressed strong confidence in Chevron (CVX), advising investors to hold onto the stock due to its consistent performance and attractive 3.85% dividend yield. He highlighted Chevron’s robust cash flow, significant stock buyback program, and potential benefits from its business operations in Venezuela. Cramer views Chevron as a long-time favorite for its consistency and considers its current position promising.