Should You Buy Occidental While It's Below $60?

Warren Buffett's Berkshire Hathaway has a significant stake in the oil and gas company. Occidental Petroleum (OXY -0.12%) has struggled over the past several months, and the stock is down 28% from its 52-week high (set in April). The company's significant upstream operations make it susceptible to fluctuations in oil prices, and the recent downward trend in crude-oil prices affected its performance. Despite these challenges, Warren Buffett continues to increase his company's stake in Occidental. Over the pa ...