Free Trial

Buffett Buys More Occidental Petroleum—Sticking to His Playbook

Key Points

  • After a recent episode of volatility in the stock market, there is one clear sign of where opportunities may still lie for investors.
  • Deciding to enter the energy sector and leave some of his holdings in other areas, Buffett picked one stock to buy.
  • Occidental Petroleum stock was his target to buy this quarter, reiterating the bullish view on the space and the stock.
  • MarketBeat previews the top five stocks to own by April 1st.
Remove Ads

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Already have an account? Log in here.

Should You Invest $1,000 in Occidental Petroleum Right Now?

Before you consider Occidental Petroleum, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Occidental Petroleum wasn't on the list.

While Occidental Petroleum currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Gabriel Osorio-Mazilli
About The Author

Gabriel Osorio-Mazilli

Contributing Author

Value Stocks, Asian Markets, Macro Economics

Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Apple (AAPL)
4.6593 of 5 stars
$213.49+1.8%0.47%33.89Moderate Buy$243.22
Berkshire Hathaway (BRK.B)
0.7512 of 5 stars
$515.21+2.2%N/A10.41Moderate Buy$457.50
iShares S&P 500 Growth ETF (IVW)N/A$94.82+2.6%0.55%30.05N/AN/A
iShares S&P 500 Value ETF (IVE)N/A$188.81+1.6%1.62%22.06N/AN/A
Amazon.com (AMZN)
4.9107 of 5 stars
$197.95+2.1%0.10%35.80Moderate Buy$260.65
Alphabet (GOOGL)
4.6463 of 5 stars
$165.49+1.7%0.48%20.56Moderate Buy$210.62
Occidental Petroleum (OXY)
4.7223 of 5 stars
$46.58+2.5%2.06%19.09Hold$60.68
Compare These Stocks  Add These Stocks to My Watchlist 

Remove Ads

Featured Articles and Offers

Recent Videos

Institutions Are Dumping These 3 Stocks—Should You?
Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads