Good MorningEquity markets retreat on Tuesday to open a holiday-shortened week on uncertain footing. The move comes despite better-than-expected earnings from Walmart and Home Depot that left investors uncertain of what to expect in 2024. Both reports were better than expected, but only one was good. Walmart is growing while outperforming; Home Depot is contracting despite the outperformance and issued weak guidance. The takeaway is that consumer spending habits continue to shift away from big tickets and large projects to daily and essentials, a trend that will be seen elsewhere in the sector.
However, the big news will come out on Wednesday evening. NVIDIA is expected to report a high triple-digit increase in sales, which may outperform expectations and provide favorable guidance. If not, the market will continue to correct as it resets the astronomical expectations priced into the stock. NVIDIA fell 5% in Tuesday's action to lead the broad market lower. Featured: The case for trading fewer setups, not more (Ad) 
|
Finance | |
Whenever traders move their money in a big way, it often pays to follow their tracks and reverse engineer what happened that caused them to shift in or out of that space. Today, the tools at MarketBeat have caught a major shift in sentiment and capital out of an ETF (exchange-traded fund) that als... Read the Full Story |
|
From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
|
Technology | |
Twilio Inc. (NYSE: TWLO) is a leading cloud-based communications platform-as-a-service (CPaaS) provider. This business services sector company was named a leader in the 2023 Gartner Magic Quadrant for CPaaS. Twilio offers a wide range of communications services to businesses, ranging from voice, m... Read the Full Story |
|
Retail/Wholesale | |
Walmart (NYSE: WMT) is in an uptrend and will likely continue. The Q4 results and guidance for 2024 underpin an expectation for capital returns and improving shareholder value for this retail stock. However, the upcoming 3:1 stock split poses a problem for the market, possibly resulting in a sell-... Read the Full Story |
|
From Our Partners | | Washington has taken an ownership stake in Intel, carved out a cut of Nvidia's and AMD's chip sales, and reportedly fielded an offer to own 5% of the largest AI company on the planet. The government is shifting from referee to shareholder in the most important technology race of the century.
When the rules change, the winning trades change with them. Some blue chips sitting in your index fund are now on the wrong side of this shift - while a select group of companies pulled into the new arrangement may be treated like national treasures. | | Watch the documentary to see which stocks to buy and sell now |
|
Finance | |
Consumer worldwide have been suppressed in their wishes to travel, especially after the mainstream media accused the U.S. economy of flirting close to a recession throughout 2023. Well, now that the new year is here, it is evident that the hypothetical recession has been canceled, but more on why ... Read the Full Story |
|
Transportation | |
EVTOL, electric vertical take-off and landing craft, a page right out of science fiction, are about to take the world by storm. These vehicles combine the carbon-reducing technology of electrification with vertical take-off and landing to produce highly adaptable craft perfect for a variety of use... Read the Full Story |
|
From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
|
Retail/Wholesale | |
A prominent investment theme of the past year is the outperformance of profitable companies with a unique competitive advantage.
Obvious examples of stocks in that category include Nvidia Corp. (NASDAQ: NVDA), which dominates the market for AI chips, and Salesforce Inc. (NYSE: CRM), whose user-fr... Read the Full Story |
|
Technology | |
Super Micro Computer Inc. (NASDAQ: SMCI) has been a standout performer year-to-date after shares of the technology company have surged to record heights. Its remarkable year-to-date gains have captured the attention of traders, spectators and investors, as the stock has offered exceptional opportu... Read the Full Story |
|
Finance | |
Patient investors look for safer stocks when the VIX begins to pop to protect their portfolio or expose themselves to high-quality assets at potential discounts. Realty Income (NYSE: O) could be one of those picks this cycle as a part of a real estate stock play.
A new cycle is about to start, th... Read the Full Story |
|
Technology | |
Datadog Inc. (NASDAQ: DDOG) is a cloud-based observability, monitoring and security platform for enterprise networks. The computer and technology sector leader helps companies monitor their complete infrastructure inside any application, stack and logs at any scale in real time.
The scale can in... Read the Full Story |
|
Energy | |
While the oils/energy sector had modest gains in 2023, solar energy stocks took a beating. The Invesco Solar ETF (NYSEARCA: TAN) is down 38.53% on a trailing 12-month basis and down 12% year-to-date (YTD). While solar trackers have been exceptionally strong, solar energy systems and panels are sta... Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | Should I Buy Chevron Stock? CVX Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Chevron was last updated on Thursday, July 16, 2026 at 6:05 PM.
Chevron Bull Case -
The current stock price is around $193, reflecting a strong position in the market.
-
Chevron recently reported a quarterly earnings per share (EPS) of $1.41, exceeding analyst expectations, which indicates robust financial performance.
-
The company has a solid annualized dividend of $7.12, providing a dividend yield of 3.9%, which can be attractive for income-focused investors.
-
Chevron's revenue has shown a year-over-year increase of 2.1%, suggesting growth potential in its operations.
-
Analysts forecast a significant increase in EPS to 15.28 for the current fiscal year, indicating positive future earnings potential.
Chevron Bear Case -
The company's dividend payout ratio is currently at 123.40%, which may raise concerns about sustainability in dividend payments.
-
Chevron's revenue for the latest quarter was below analyst estimates, which could indicate challenges in meeting market expectations.
-
Despite a positive EPS report, the company posted a decline in EPS compared to the same period last year, which may signal potential issues in profitability.
-
Insider transactions show a significant sale of shares by a director, which could be interpreted as a lack of confidence in the company's future performance.
-
Market volatility and geopolitical tensions can impact oil prices, which may adversely affect Chevron's profitability and stock performance.
| | View Today's Stock Pick |
|
