5 Best Buy-the-Dip Stocks To Buy Now

4. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 73

Chevron Corporation (NYSE:CVX) stock took a beating in October after the company posted quarterly results that disappointed the Street. Chevron Corporation (NYSE:CVX) is struggling with several issues like drilling problems in Texas, losses from overseas refining and rising costs in Central Asia. Nonetheless Chevron Corporation (NYSE:CVX) is a Buy for the long term.

Bank of America upgraded Chevron Corporation (NYSE:CVX) to Buy from Neutral with a $200 price target.