HomeLifestyleTravel & LeisureBullish On Chevron (CVX), American Airlines (AAL) & Bearish On Moderna (MRNA)
Bullish On Chevron (CVX), American Airlines (AAL) & Bearish On Moderna (MRNA)

"Crude oil is trading around 9-month lows. Chevron Corporation (CVX) stock price hit an all-time high in June 2022 and is still up around 32% year-to-date. The administration stated that they are going to release 10M oil barrels from the reserves. Also, the travel sector is booming, particularly American Airlines (AAL) as the stock price is up around 9% this month. Airfare prices have come down recently. Finally, Moderna (MRNA) stock price today was down over 7% as the demand for Covid-19 vaccines is down," says Tom White.

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