It’s no secret that Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) CEO Warren Buffett is a major investor in Occidental Petroleum (NYSE:OXY). It’s been reported that Buffett holds more than 2.24 million shares of OXY stock and collects substantial quarterly dividends from those shares. Yet, Buffett wouldn’t just buy a stock to collect dividends. To meet Buffett’s criteria, Occidental
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Charlie Munger, vice chairman of Berkshire Hathaway (NYSE: BRK.A)/(NYSE:BRK.B) is one of the biggest names in the investing world with an impeccable track record over the years. Consequently, Charlie Munger stocks serve as barometers many investors emulate in the pursuit of wealth-building strategies. His financial behemoth, Berkshire Hathaway, has culminated in a bastion of wealth
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With GameStop (NYSE:GME) ensconced in a business that looks doomed to contract for the foreseeable future and the company embracing a losing strategy, GME stock looks poised to continue slumping in 2024. Also importantly, the retailer’s new CEO has little experience when it comes to leading brick-and-mortar retailers. In fact, one such company that took
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None of the problems that have plagued Disney (NYSE:DIS) for several years appears to have eased recently. Meanwhile, CEO Bob Iger’s efforts to right the ship will not move the needle sufficiently to boost DIS stock, and the firm is facing significant new challenges while its valuation remains elevated. Given these points, I recommend that investors sell
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Airline stocks are always exciting for investors to consider. On one hand, airliners are highly cyclical businesses, creating risk for investors to monitor. On the other hand, many of these airlines demonstrate great potential. This is especially true as they navigate their post-pandemic recoveries and continue to return to growth. Although investors need to be
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Joby Aviation (NYSE:JOBY) is one hyper-growth stock I continue to keep on my watch list. Indeed, there are plenty of reasons for this, as I’ve pointed out in my previous pieces. Whether it’s the long-term growth potential of the electric vertical takeoff and landing (eVTOL) market, or Joby’s compelling position within this space, there are
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In 2023, a year when the market has heavily favored technology stocks, drugmakers like Pfizer (NYSE:PFE) seem to have been left behind. However, if PFE stock is trading at a low price and Pfizer rewards its loyal shareholders with substantial dividend distributions, then value-focused investors should be buyers, not sellers. Not only that, but I
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Since the start of 2023, Visa (NYSE:V) stock has gained by around 13.33%, besting the  S&P 500 Index (NYSEARCA:SPY), which is up by around 12.8% year-to-date. After making strong gains throughout the year, stocks not have great results ahead. A similar scenario could play out for V stock if rising rates start affecting the economy
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