Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 3% Dividend Yields
Portfolio Pulse from Lisa Levin
Wall Street's most accurate analysts recommend buying energy stocks Nordic American Tankers Limited (NYSE:NAT), Chevron Corporation (NYSE:CVX), and Valero Energy Corporation (NYSE:VLO) due to their high dividend yields. These companies have strong free cash flows and reward shareholders with high dividend payouts.
June 22, 2023 | 1:15 pm
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Chevron Corporation (NYSE:CVX) has a dividend yield of 3.90% and is recommended as Overweight and Outperform by Piper Sandler and Raymond James analysts.
Chevron Corporation has a dividend yield of 3.90% and has received Overweight and Outperform ratings from analysts with accuracy rates of 72% and 77%. This suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nordic American Tankers Limited (NYSE:NAT) has a dividend yield of 16.09% and is recommended as a Buy by Jefferies and B. Riley Securities analysts.
Nordic American Tankers has a high dividend yield of 16.09% and has received Buy ratings from two analysts with accuracy rates of 67%. This indicates a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Valero Energy Corporation (NYSE:VLO) has a dividend yield of 3.68% and is recommended as Strong Buy and Overweight by Raymond James and Piper Sandler analysts.
Valero Energy Corporation has a dividend yield of 3.68% and has received Strong Buy and Overweight ratings from analysts with accuracy rates of 77% and 72%. This indicates a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100