Mar. 13 at 3:44 PM
$CVX hits record highs — but is the rally running out of steam? 🚀
Chevron has surged 31.4% over the past three months, boosted by spiking oil prices due to Middle East tensions. However, with its forward earnings multiple now at a premium compared to peers
$XOM and
$SHEL, much of the bullish outlook may already be priced in. https://www.zacks.com/stock/news/2883783/chevron-near-200-while-oil-tops-100-does-cvx-merit-a-buy?cid=sm-stocktwits-2-2883783-body-37302&ADID=SYND_STOCKTWITS_TWEET_2_2883783_BODY_37302