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Enter Symbol:
 
Chevrontexaco Corporation (CVX) [hlAlert]

Rating:
Buy CVX
down 12.98 %

Jim Cramer's Top Dow Picks for 2011: Chevron(CVX)

Posted on: Saturday,  Dec 25, 2010  7:38 AM ET by Jim Cramer's top 10 Dow stocks for 2011

Jim Cramer's top 10 Dow stocks for 2011 rated Buy Chevrontexaco Corporation (NYSE: CVX) on 12/21/2010, when the stock price was
$89.23. Since then, Chevrontexaco Corporation has lost 12.99% as of 01/21/2016's recent price of $77.64.
If you would have followed this Jim Cramer's top 10 Dow stocks for 2011's recommendation on CVX, you would have lost 12.98% of your investment in 1857 days.

SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. SandRidge also owns and operates drilling rigs and a related oil field services business operating under the Lariat Services, Inc. brand name; gas gathering, marketing and processing facilities; and, through its subsidiary, PetroSource Energy Company CO2 treating and transportation facilities and tertiary oil recovery operations. SandRidge focuses its exploration and production activities in West Texas, the Cotton Valley Trend in East Texas and the Gulf Coast. SandRidge also owns oil and gas properties in the Piceance Basin of Colorado, the Gulf of Mexico and the Anadarko and Arkoma Basins.

Jim Cramer expects the Dow to hit 13,365 next year-- a 16% gain from current levels and a bountiful return -- based on a prognostication of the performance of the individual members of the venerable index. Although I am a bottoms up guy, as a backdrop I am presuming a resumption of decent U.S. growth courtesy of the Federal Reserve -- call it 3% to 4% -- continued worldwide growth, a stable-to-slight decline in the dollar and a decent increase in interest rates (30-year Treasury bond going to 4.8%) as befitting a return to economic health.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2010 4:00 PM Buy
1 year
89.23
as of 12/31/2010
1 Week up  3.41 %
1 Month up  5.09 %
3 Months   
1 YTD up  5.09 %

(*) Stock Price at the time of the recommendation.
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