Warren Buffett's Main Investing Focus Right Now -- and How It Could Make Him Billions
You might have noticed that Warren Buffett isn't buying many stocks these days. In 2023, the legendary investor was a net seller of stocks. Meanwhile, the cash position for Berkshire Hathaway has grown to nearly $168 billion.
Don't think for a second that Buffett isn't still interested in the stock market. Here's his main investing focus right now -- and how it could make him billions.
In the fourth quarter of 2023, Buffett bought only three stocks. None were new positions, and two of them operate in the energy sector -- Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY).
Source Fool.com
Occidental Petroleum Corp. Stock
€56.99
-1.390%
The stock is one of the favorites of our community with 29 Buy predictions and 2 Sell predictions.
As a result the target price of 66 € shows a slightly positive potential of 15.81% compared to the current price of 56.99 € for Occidental Petroleum Corp..
