3 Reasons to Buy Occidental Petroleum (and Warren Buffett Isn't 1 of Them)
Occidental Petroleum has several notable catalysts that could drive its stock price higher.Occidental Petroleum (OXY 0.66%) has become a popular oil stock in recent years. Warren Buffett has a lot to do with it. His company, Berkshire Hathaway, has been buying the oil stock hand over fist. It currently owns 28% of Occidental's outstanding shares. Many investors will likely buy Occidental to follow Buffett, especially since he considers it a potential "forever" holding. Here are three other reasons to buy th ...