We just covered the 10 Best Stocks to Buy Now According to Warren Buffett. Chevron Corp (NYSE:CVX) ranks #6  (see the 5 best stocks to buy now here).

Chevron Corp (NYSE:CVX)  could be one of the best oil stocks to buy for the long term amid the recent Middle East conflict. The company’s Hess acquisition has given it access to the Stabroek Block in Guyana, one of the most profitable offshore oil projects in history. With oil prices touching $100 per barrel, these low-cost assets could generate massive margins for Chevron Corp (NYSE:CVX) .

Chevron Corp (NYSE:CVX)’s assets in the Permian basin provide it with another growth engine. Unlike traditional deepwater projects, short-cycle shale projects are more suitable for volatile markets. Chevron Corp (NYSE:CVX)  produces 1 million barrels of oil equivalent per day from this region alone.

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While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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