7 Warren Buffett Stocks to Buy on the Dip
Among all the stocks Warren Buffett’s Berkshire Hathaway is buying, his latest energy stock buy is the most notable. The billionaire bought 9.9 million shares of Occidental Petroleum Corporation on July 3, 2022. He bought 12 million more OXY shares on July 7, 2022. Berkshire has a stake of around 18.6%. After Occidental shares dipped in late June, the stock could fall again briefly. Institutional investors are panicking to hedge against hyperinflation. Energy demand is accelerating. The economy is very hot. Companies and consumers will continue to consume more energy. Energy is one of several Warren Buffett stocks to buy on the dip. Energy is among Warren Buffet’s top picks recently. Chart courtesy of Stock Rover In the table above, Chevron and Occidental Petroleum offer investors a hedge against energy inflation. Stock Rover assigned strong score on value and quality for them. Investors should watch Buffett’s other long-term investments. In the consumer space, Apple, Kroger, Kraft Heinz, and Coca-Cola are durable brands.
7 Warren Buffett Stocks to Buy on the Dip
Among all the stocks Warren Buffett’s Berkshire Hathaway is buying, his latest energy stock buy is the most notable. The billionaire bought 9.9 million shares of Occidental Petroleum Corporation on July 3, 2022. He bought 12 million more OXY shares on July 7, 2022. Berkshire has a stake of around 18.6%. After Occidental shares dipped in late June, the stock could fall again briefly. Institutional investors are panicking to hedge against hyperinflation. Energy demand is accelerating. The economy is very hot. Companies and consumers will continue to consume more energy. Energy is one of several Warren Buffett stocks to buy on the dip. Energy is among Warren Buffet’s top picks recently. Chart courtesy of Stock Rover In the table above, Chevron and Occidental Petroleum offer investors a hedge against energy inflation. Stock Rover assigned strong score on value and quality for them. Investors should watch Buffett’s other long-term investments. In the consumer space, Apple, Kroger, Kraft Heinz, and Coca-Cola are durable brands.