Chevron (CVX) is my easy pick for August investment. Amazingly cheaper than other oil companies like Exxon (XOM) or Total (TOT) August 30, 2006
Posted by deminvest in Chevron (CVX), Exxon (XOM), investment, stock I own, stocks, Total (TOT).9 comments
We proletarian investors do not have chances to get first hand information about stocks, but we can read numbers. When I see lovely bargain numbers in a healthy company that I understand well like Chevron I buy.
CVS has P/E: 9.06, forward P/E: 8.37.
Now compare it to XOM: P/E:10.86 forward P/E:10.90. CVX is much cheaper and also expected to grow. CVS has also better P/E ratios than TOT.
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