07-15-2013, 08:37 PM
From Zacks Chevron 2Q Update:
"Zacks Rating
Chevron currently retains a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months.
However, there are certain firms in the energy sector that are expected to significantly outperform the equity markets in the next one to three months. These include InterOil Corporation (IOC) and Ferrellgas Partners LP (FGP). Both these stocks carry a Zacks Rank #1 (Strong Buy)."
"Zacks Rating
Chevron currently retains a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months.
However, there are certain firms in the energy sector that are expected to significantly outperform the equity markets in the next one to three months. These include InterOil Corporation (IOC) and Ferrellgas Partners LP (FGP). Both these stocks carry a Zacks Rank #1 (Strong Buy)."