Chevron is a major oil & gas play that has seen bad times in a couple recent quarters. It has a yearly high of $112.20. It has dropped more than 20% since that high and even reached lows at $69.58. For the long-term investor, expect this stock to eventually reach the highs and surpass it. In the recent times, you can even get a nice dividend of almost 5%.
It’s not possible to get that dividend in your savings account. You can expect this stock to only to continue to move up as the economy improves globally. Oil is still the main resource used for energy and it will only to continue to be used more in the future. You can be patient with this stock and I actually would just hold on to it. I have no reason to sell when I get a nice dividend and fundamentally sound stock like Chevron.