CVX posts
FeedPosted Apr 4th 2011 10:00AM by Sheldon Liber (RSS feed)
Filed under: General Electric (GE), Citigroup Inc. (C), Bank of America (BAC), Chevron Corp (CVX), Merck and Co (MRK), Bargain Stocks, Chasing Value™, Oil, Stocks to Buy, Newcastle Investment (NCT), Raytheon Company (RTN), EZCORP (EZPW), Stock Picks, Telefonica SA (TEF), Noble Corporation (NE)

It should surprise no one that oil stocks have taken the lead in the first quarter, while financial stocks -- after a good two-year run -- have been tamed. This is how things have shaped up through the first quarter for my 2011 stock picks. (For a look at my original picks, see here:
part 1, part 2, and
part 3.)
Normally, if I said a business was underwater, investors would think the worst. Actually, in the summer Noble Corp (
NE) was underwater -- and investors were not impressed. However, this was a great buying opportunity, and although the company is still underwater, it is also a market leader among my stock picks and the overall market -- even among oil industry players. With its fleet of 69 offshore drilling rigs, Noble stands tall.
Continue reading Chasing Value: 2011 Stock Picks Q1 Review -- A Platform for Success
Posted Mar 30th 2011 4:15PM by Jon Ogg (RSS feed)
Filed under: After the Bell, Analyst Upgrades and Downgrades, Apple Inc (AAPL), Dell (DELL), Caterpillar (CAT), Chevron Corp (CVX)
The market tried to hit a new two-plus-year high again today. Anything cautious for the markets is being discounted and valuation concerns are out the door. It seems the bulls are in charge -- regardless of what comes down the pipe in the Middle East, Japan, the PIIGS and elsewhere. Even a goal of only aiming to cut foreign energy dependence by one-third did not rattle markets. The TARP even made money. Maybe we can just convince Bernanke to go ahead and raise rates to get the pain over with, once and for all.
Here were today's unofficial closing bell levels:
Dow Jones: 12,350.61 +71.60 (0.58%)
S&P500: 1,328.26 +8.82 (0.67%)
Nasdaq: 2,776,78 +19.90 (0.72%)
Top Analyst Calls
Continue reading Closing Bell: When No Bears Can Be Found (AAPL, CCJ, CAT, CEPH, CVX, CLNE, DELL, UTA)
Posted Mar 25th 2011 4:00PM by Jon Ogg (RSS feed)
Filed under: Sprint Nextel Corp (S), Chevron Corp (CVX), Research in Motion (RIMM), Oracle Corp (ORCL)
The stock market saw another gainful day despite a reading that consumer sentiment hit a year low. Portugal default fears grew and Japan saw what made for two years of price drops for its consumers. It was pretty impressive to see that most global markets rose on the day. Bond yields were higher and gold failed to reach yesterday's highs.
Here were today's unofficial closing bell levels:
Dow Jones 12,220.59 +50.03 (0.41%)
S&P 500 1,313.80 +4.14 (0.32%)
Nasdaq 2,743.06 +6.64 (0.24%)
Continue reading Closing Bell: From No Worries to Euphoria (ACN, CVX, CLH, EWJ, ORCL, RIMM, S)
Posted Mar 15th 2011 1:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Exxon Mobil (XOM), Netflix, Inc. (NFLX), Chevron Corp (CVX), Sotheby's (BID), Analyst Initiations, Noble Corporation (NE)
Analyst Upgrades
- Exxon Mobil (XOM), Netflix (NFLX), Noble Corp. (NE), Pioneer Natural (PXD) and Noble Energy (NBL) to buy from neutral at Goldman.
- Cenovus Energy (CVE) to conviction buy from neutral and Atwood Oceanics (ATW) to neutral from sell at Goldman as well.
- Southern Company (SO) to buy from hold at Citigroup.
- Chevron (CVX) to buy from neutral at BofA/Merrill.
- Ryder (R), Entergy (ETR) and Seaspan (SSW) to buy from hold at Jefferies.
- Gerdau (GGB), Crown Castle (CCI) and American Tower (AMT) to buy from neutral at UBS.
- Aon (AON) and Willis Group (WSH) to buy from neutral at Janney Capital.
- Ryland Group (RYL) to buy from neutral at Ticonderoga.
Continue reading Analyst Calls: AON, CVX, HBI, MUR, NBL, NFLX, NVDA, SO, XOM ...
Posted Mar 11th 2011 4:00PM by Sheldon Liber (RSS feed)
Filed under: International Markets, Industry, Competitive Strategy, Exxon Mobil (XOM), China, Chevron Corp (CVX), PetroChina Co Ltd ADR (PTR), Chasing Value™, Oil, Aluminum Corp of China ADS (ACH), Stock Picks
The Chinese government released trade data that portrays a $7.3 billion deficit. Is that believable or just convenient amid the international pressure to raise the value of their currency? We can hardly believe what comes out of Washington, so data coming out of China has to be quite suspect.
I'm sure they retained qualified independent auditors to ascertain the validity of the figures -- yeah right ...
Continue reading Chasing Value: A Chinese Trade Deficit?
Posted Mar 11th 2011 8:54AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, International Markets, Market Matters, Chevron Corp (CVX), Japan, Hibbet Sports Inc. (HIBB)

U.S. stock futures are lower this morning, after a strong earthquake in the northeastern part of the Japan. Tsunami warnings were also issued for Hawaii, parts of the West Coast of the US and 19 other countries. Futures on the
Dow Jones Industrial Average dipped 50 points to 11,870.00 and futures on the S&P 500 index fell 4.40 points to 1,285.10. Nasdaq 100 futures dropped 10.25 points to 2,270.50.
Negative sentiment ruled the European markets today. While STOXX Europe 600 Index has dropped 0.83%, London's FTSE 100 Index moved down 0.48%.
Continue reading Stock Futures Lower Following Japan's Quake
Posted Feb 14th 2011 12:20PM by Joseph Lazzaro (RSS feed)
Filed under: Chevron Corp (CVX), Stocks to Buy
If you haven't already, now may be a good time to consider taking some profits of the table with Chevron Corp. (CVX). However, investors who can tolerate the risk can maintain their full position in CVX and go for an even bigger gain, as the company's shares are headed north.
I first discussed Chevron here on February 15, 2009, at a price of $66.18. Chevron's shares have raced through $90 resistance this winter and are set to test major psychological resistance at $100.
Continue reading Chevron Is in an Uptrend
Posted Feb 1st 2011 3:00PM by Sheldon Liber (RSS feed)
Filed under: Good news, General Electric (GE), Citigroup Inc. (C), Bank of America (BAC), Chevron Corp (CVX), Merck and Co (MRK), Bargain Stocks, Chasing Value™, Oil, S and P 500, Stocks to Buy, Newcastle Investment (NCT), Raytheon Company (RTN), EZCORP (EZPW), Telefonica SA (TEF), Noble Corporation (NE)

We are only one month into the new year and there have not been many dull moments. Games are going on in the Middle East and they are not the friendly kind. In Egypt
a million plus protesters are playing a game of chicken with the Mubarak government demanding he step down from his 32-year-old reign as perpetual president.
This is not radical Islam fundamentalists; it is even more fundamental. The people want to improve their daily lives in a meaningful way. Education, infrastructure, clean water and clean streets. Speaking of infrastructure and getting back to the less dramatic but still important great stock picks Telefonica (
TEF) and General Electric (
GE) were the big winners so far bouncing over 10% in January.
Continue reading Chasing Value: 2011 Picks Dust the S&P
Posted Jan 28th 2011 5:30PM by Sheldon Liber (RSS feed)
Filed under: Competitive Strategy, Berkshire Hathaway (BRK.A), Chevron Corp (CVX), Oracle Corp (ORCL), Books, Options, Bargain Stocks, Chasing Value™, Oil
The market is getting gently hammered today, but that only presents more opportunities from my perspective.
I am in Ixtapa, Mexico, nearing the conclusion of my first ever week long rest during a 35 year working career ... and counting. In some ways I am hoping to mold my future working environment from seashore to shining seashore -- all around the world -- taking advantage of modern technology. I am thinking of it as "have beach (+Internet), will travel."
Continue reading Chasing Value: Profiting from Ixtapa -- Buffett, Gold, Oil, Options and More
Posted Jan 23rd 2011 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Microsoft (MSFT), McDonald's (MCD), Caterpillar (CAT), American Express (AXP), Chevron Corp (CVX), Economic Data, United Technologies (UTX), Federal Reserve, General Dynamics Corp (GD)
With earnings season in full swing, the FOMC meeting on interest rates, the GDP estimate, and housing numbers due out, the coming week is shaping up to be a busy one. So here's a peek at what's on the economic calendar.
Monday
Quarterly reports from American Express (AXP) and McDonald's (MCD) will highlight Monday. Amgen (AMGN), CSX (CSX), Halliburton (HAL) and Texas Instruments (TXN) are also expected to report strong earnings results.
Continue reading Week in Preview: GDP, FOMC Meeting, Housing Data and Lots of Earnings
Posted Jan 10th 2011 9:00AM by Sheldon Liber (RSS feed)
Filed under: Management, General Electric (GE), Getting Started, Citigroup Inc. (C), Bank of America (BAC), Chevron Corp (CVX), Merck and Co (MRK), Bargain Stocks, Chasing Value™, S and P 500, Newcastle Investment (NCT), Raytheon Company (RTN), EZCORP (EZPW), Stock Picks, Telefonica SA (TEF), Noble Corporation (NE)
I have already gone on record this year saying that financial companies and insurance stocks are going to continue to rebound. In my previous two posts Chasing Value: 2011 Stock Picks -- 5 of 11 and Chasing Value: 2011 Stock Picks -- 6, 7, 8, 9, I included several financial institutions. Today I add an insurance company.
The industry got whacked hard for many reasons. For one, it makes a significant amount of profit by investing its float, and like every other investor, the industry lost a pile of money in the financial crisis. It was embroiled more directly than some industries, as several insurers are affiliated with banks. Finally the housing crisis meant disruption to payment streams by homeowners who were delinquent on more than their mortgages.
Continue reading Chasing Value: 2011 Stock Picks -- 10 and 11
Posted Jan 5th 2011 2:00PM by Sheldon Liber (RSS feed)
Filed under: General Electric (GE), Home Depot (HD), Berkshire Hathaway (BRK.A), Exxon Mobil (XOM), Chevron Corp (CVX), Chasing Value™, Newcastle Investment (NCT), Raytheon Company (RTN), EZCORP (EZPW), Williams Companies (WMB), Grubb and Ellis Co (GBE)
This is the fifth year that I am posting my stock picks for the year. There is a lot of foolishness in doing so because each year that I have made such suggestions, including 2009 when I owned all of the picks, it is assumed that I would hold all of the positions without responding to market conditions, or changes in the specific company. No adding to, or cutting a position. This is not the real world.
It is not possible for everything to remain static. For example, you might find that you hold a stock that made a great run through three quarters, beyond your wildest expectations, and decide it has passed a point where the metrics cannot support anything close to the price. Under normal circumstances you might sell it, except you cannot. By the end of the year the profit you might have realized fades away and you end up reporting on something that is not a true measure of your objective strategy. Nevertheless, once again I will stick with this approach because this seems to be how its done in every publication's annual picks. This year there are eleven.
Continue reading Chasing Value: 2011 Stock Picks -- 5 of 11
Posted Dec 29th 2010 4:30PM by Sheldon Liber (RSS feed)
Filed under: International Markets, Forecasts, Apple Inc (AAPL), Exxon Mobil (XOM), AT and T (T), Chevron Corp (CVX), ConocoPhillips (COP), FedEx Corp (FDX), Verizon Communications (VZ), United Parcel'B' (UPS), PetroChina Co Ltd ADR (PTR), Politics, Chasing Value™, Commodities, Oil, Anglo American (AAUKY), Royal Dutch Shell (RDS.A), Telefonica SA (TEF)

Can you hear me now? Well listen closely, Verizon Communications (
VZ) is going to get a bounce from the Apple Inc. (
AAPL) iPhone in 2011. Nothing you don't already know. Is there a more sure thing in the coming year? Long term it will fade some, but in 2011 the pent up demand has to have a positive impact.
Communications: The telephone companies everywhere are going to have a good year. Verizon is a great stock for Roth IRA's, paying a 5.41% yield. The dilution of the iPhone market may hurt AT&T, Inc. (
T) some, as VZ is helped, but it too is a good long term hold and pays an even higher yield at 5.76%.
If you want to diversify internationally there are multiple good choices and they pay even higher yields.
Continue reading Chasing Value: New Years Quick Takes
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