Is Occidental Petroleum Stock (OXY) Nearing Buy Support?

It is no secret that Warren Buffet, who has sold a lot of shares in Bank of America and Apple, continues to hold Occidental Petroleum. With the most recent $435 million purchase in June, Berkshire Hathaway now owns about 28.8% of shares outstanding Buffett wrote, "We particularly like its vast oil and gas holdings in the United States, as well as its leadership in carbon-capture initiatives." We do not follow anyone blindly, but there are a few reasons why we are now looking at Occidental OXY. Sign up for o ...