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Jim Cramer Continues To Link Chevron (CVX) Stock With Iran Conflict [Yahoo! Finance]
Last chevron corporation earnings: 5/1 06:45 am
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US:NYSE Investor Relations: chevron.com/investors
Chevron Corporation (NYSE:CVX) is one of the largest oil companies in the world. Its shares are up by 27.6% year-to-date. Cramer has discussed the stock several times over the past month or so, particularly after the conflict in Iran. The CNBC TV host has repeatedly called Chevron Corporation (NYSE:CVX) and other oil stocks as a proxy for the Iran operations. He believes that the rising share price indicates that investors believe the conflict will continue and vice versa. Throughout 2025, Cramer was quite optimistic about Chevron Corporation (NYSE:CVX) and went as far as to call the firm one of his favorites in the oil sector. Bernstein discussed the firm on March 22nd as it raised the share price target to $216 from $194 and kept a Market Outperform rating. The ongoing turmoil in the oil sector was at the heart of the coverage as Bernstein pointed out that it had increased the share price target to reflect updated models. Here is what Cramer said during the program about Chevron Co
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