πππWith Israel Iran conflict escalating, oil prices have surged and energy stocks are rallying, making this an exciting moment.
Occidental Petroleum $Occidental(OXY)$ is a great stock to invest. OXY is currently trading at USD 45.35, up 2% in the past 5 days and 7% in 1 month. Analysts are forecasting a potential rise to USD 58.33 by July, a 28% gain from current level.
As tensions threaten oil supply routes especially Straits of Hormuz, OXY's upstream operations and US based assets become more attractive to investors seeking stability.
Warren Buffett's Berkshire Hathaway has maintained a significant stake in OXY, signaling long term institutional confidence.
With a market cap of USD 45 billion, a P/E ratio of under 20 and improving cash flow, OXY is financially solid and well positioned to benefit from higher crude prices. OXY also pays great dividends (2.12% yield)
OXY is a great smart play at this time.
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@Tiger_SG @CaptainTiger
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