Canada markets close in 4 hours 11 minutes
  • S&P/TSX

    19,826.20
    +46.23 (+0.23%)
     
  • S&P 500

    4,329.52
    +9.46 (+0.22%)
     
  • DOW

    33,937.21
    -26.63 (-0.08%)
     
  • CAD/USD

    0.7423
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    89.33
    -0.70 (-0.78%)
     
  • Bitcoin CAD

    35,395.39
    -399.85 (-1.12%)
     
  • CMC Crypto 200

    562.12
    +2.61 (+0.47%)
     
  • GOLD FUTURES

    1,937.90
    -7.70 (-0.40%)
     
  • RUSSELL 2000

    1,781.70
    +5.20 (+0.29%)
     
  • 10-Yr Bond

    4.5130
    +0.0750 (+1.69%)
     
  • NASDAQ

    13,255.05
    +43.24 (+0.33%)
     
  • VOLATILITY

    17.35
    +0.15 (+0.87%)
     
  • FTSE

    7,618.29
    -65.62 (-0.85%)
     
  • NIKKEI 225

    32,678.62
    +276.21 (+0.85%)
     
  • CAD/EUR

    0.7008
    +0.0043 (+0.62%)
     

Why Bargain-Hunting Investors Need to Look Closer at Chevron Stock

Why Bargain-Hunting Investors Need to Look Closer at Chevron Stock

Shares of Chevron (NYSE: CVX) hit an all-time high of nearly $190 a share earlier this year. One of my favorite valuation methods is to look at a company's free cash flow yield. Free cash flow is the money a company generates that it can use to create value for investors by paying dividends, investing in growth (e.g., capital expenditures or acquisitions), repaying debt, or repurchasing shares.