Chevron Hits 52-Week High - Is It a Buy or a Time to Hold?

Chevron Corporation (CVX) has had a good year so far, hitting a 52-week high of $168.96 on March 26. The stock has climbed 16.3% year to date, outperforming rival ExxonMobil’s (XOM) 10.6% gain. This impressive run has been driven by strong production growth, attractive shareholder returns and a competitive valuation. However, headwinds such as legal hurdles surrounding its Hess Corporation (HES) acquisition, asset sale risks and Venezuela challenges raise the question: Has Chevron’s stock run its course, or ...