Oil prices advanced as geopolitical tensions flared in the Middle East, with reports of Israeli tanks reaching the center of Rafah in Gaza and a vessel attack in the Red Sea. Brent crude traded above $83...
You'll have to dig deeper to see where Buffett's investing most of Berkshire's money.
Some of Buffett's buys could be good picks for other investors now.
The reasons to buy these Buffett stocks are compelling.
Occidental Petroleum has underperformed the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.
Warren Buffett may be known for his big positions in Apple and Coca-Cola, but the Oracle of Omaha only added to one existing position during the first quarter -- and it was an energy stock.
Occidental Petroleum has several catalysts that should boost its free cash flow in the coming years.
Despite holding stakes in close to four-dozen stocks, 82% of Berkshire's $378 billion of invested assets is concentrated in eight core companies.
Another stock might be the apple of Buffett's eye now.
Berkshire's collective cost basis in Apple, Chevron, Coca-Cola, American Express, and Occidental Petroleum is around $63 billion. The Oracle of Omaha has spent $77 billion alone buying shares of his favorite...