US6745991058 - Common Stock
2024 was another stellar year for investors, but a lot of money is piling into the same places in the U.S. and globally.
Buffett hasn't been a big buyer in 2024, but he thinks these stocks present great value right now.
Despite Buffett overseeing stakes in nearly four-dozen securities, the lion's share of Berkshire's invested assets have been put to work in seven top ideas.
The fact that Buffett is expanding Berkshire's position when he sees little else worth buying speaks volumes.
Carson Group's Ryan Detrick said, “With stocks extremely oversold going into this historically strong time of year, we’d expect to see a bounce to close out a solid year for investors in 2024.”
Berkshire Hathaway Inc. purchased Occidental Petroleum Corp. shares for the first time in six months, adding to a bet that has billionaire investor Warren Buffett nursing a rare loss since first buying common stock two years ago.
Major U.S. indexes gained at midday Friday after the Federal Reserve’s favored measure of inflation came in below estimates.
Unusual volume S&P500 stocks in Friday's session
These are the stocks posting the largest moves in midday trading.
Warren Buffett's Berkshire Hathaway has added to its holdings of Occidental Petroleum and SiriusXM, sending shares of both companies higher Friday.
Wall Street was back in the soup Friday morning but trimming some losses on a cooler inflation reading.
Berkshire Hathaway bought over $560 million worth of stocks over the last three sessions.
Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company's future profits and contributions to the economy. The worries, according to interviews with workers, ex-employees, a former board member and analysts, come ahead of a March deadline for Ecopetrol to renew - or end - its joint oil venture with Occidental Petroleum in Texas. Petro halted a separate $3.6-billion deal with Occidental to buy 30% of shale producer CrownRock in August, because of his opposition to fracking and fears about the company taking on more debt, according to two former Ecopetrol board members who resigned over the decision.
Occidental Petroleum (OXY) closed at $45.36 in the latest trading session, marking a -1.43% move from the prior day.
Warren Buffet has one of the best investing track records of all time. If you want to find profitable investments, just pay attention to Buffett's portfolio. In fact, it's possible that Buffett will eventually buy the entire company.
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
The S&P 500 is at an all-time high. Here are three magnificent S&P 500 dividend stocks down 35% or more to buy and hold forever. Shares of oil and gas producer Occidental Petroleum (NYSE: OXY) are roughly 47% below the high set in late 2022.