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Let Chevron Be Your Guiding Star

By Jim Cramer

 About this article:
 Remarkably transparent rally. You are going to keep getting these coiled-spring jobs because of the dichotomy of the cheap/expensive debate. Meaning that Chevron starts the day cheap and then gets expensive as it spans two multiple points as part of a bogus rally. This is the greatest trading market I have ever seen, and I want CVX to be your paradigm. When this stock gets to 4% yield, you have to stand there. When it gets to 3%, you have to get out. Just sell it. And then play it again, Sam. At the time of publication, Cramer was long Chevron. Know What You Own: Elsewhere in the oil patch on Thursday, Exxon Mobil, BP, Total SA, ConocoPhillips, PetroChina and Repsol all closed higher. ...

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