Occidental Petroleum (OXY): A Thank You to Warren Buffett and Berkshire Hathaway

Spiders
12-21 00:17

$Occidental(OXY)$ A nod of appreciation to Warren Buffett and his legendary Berkshire Hathaway team for their recent purchase of approximately $409.2 million worth of Occidental Petroleum (OXY) shares. Your confidence in the company sent a clear message to the market, resulting in a significant boost to OXY's share price today. As a shareholder, I’m relieved to see my unrealized losses turn a little less red.

Your endorsement reaffirms my own long-term belief in OXY’s potential. I’ve been diligently practicing patience in the market, and this surge strengthens my optimism for brighter days ahead. With OXY’s 52-week high at $71.19, there’s room for growth, and I remain hopeful for further price appreciation.

Interestingly, while you acquired more OXY shares than Sirius XM (SIRI), the latter experienced a greater percentage increase in price today. This disparity suggests OXY might still have untapped potential for upward momentum. With your track record of successful investments, your continued interest in OXY is a reassuring vote of confidence.

Occidental (OXY)

Sirius XM (SIRI)

Thank you for reinforcing my belief in Occidental Petroleum and for being an example of strategic, value-driven investing. Here’s to practicing patience, trusting the process, and looking forward to the future of OXY!

Star Stocks Plunge: Is Triple Witching a Buying Opportunity?
Recently surging Trump-related stocks have all plummeted. This Friday's US "Triple Witching Day" could be the largest ever, with over $6 trillion in options set to expire. Despite recent Fed-driven sell-offs, call options still outnumber puts, though the gap has narrowed in the past 24 hours. ------------------------- Which star stock is worth buying the dip? What’s your target entry price?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment