Energy Stocks with 10% Sell-Off From Highs
About a week ago the Dow Jones was in pretty good shape, but recently some stocks have dropped from their 52 week high by about 10%. With summer approaching there is a chance that these stocks will remain weaker than in the past. Here are some stocks that have done just that. Jon C. Ogg has broken these stocks down and given us to great numbers to reference.
" Chevron Corporation (NYSE: CVX) is one of the five DJIA components (as seen hereafter) which fall into the category of being within striking distance of being 10% off of their fresh 52-week highs. After closing at $100.41, its 52-week range is $66.83 to $109.94. Chevron is now down 8.67% from its recent 52-week high. Thomson Reuters still has a consensus price target of $119.47."
For more stocks: http://247wallst.com/2011/05/18/key-djia-stocks-facing-10-sell-off-from-highs-aa-cat-cvx-dd-ge-jpm-xom-csco-hpq-msft-bac/