Is Occidental Petroleum Corporation (OXY) the Worst-Performing Blue Chip Stock So Far in 2025?
From Yahoo Finance: 2025-04-29 10:27:00
Blue chip stocks, including Occidental Petroleum Corporation (NYSE:OXY), are down over 15% in 2025 due to trade tensions and tariffs. Occidental Petroleum has experienced an 18.97% decline in share price. Analysts at Barclays have cut the price target to $46 from $58 due to negative oil outlook. The company’s high debt and low dividend yield are concerning.
President Donald Trump’s tariff push could lead to a recession, affecting semiconductor stocks, which could drop by over 20%. Occidental Petroleum ranks 7th among worst-performing blue chip stocks. While OXY holds potential, AI stocks may offer higher returns. Investors are urged to consider AI opportunities for better returns in the current market environment.
Read more at Yahoo Finance: Is Occidental Petroleum Corporation (OXY) the Worst-Performing Blue Chip Stock So Far in 2025?