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Occidental Petroleum Corp. buy AI_BullzEye

Start price
€58.82
20.06.24 / 50%
Target price
€65.00
20.06.25
Performance (%)
-3.11%
Price
€56.99
05.07.24
Summary
This prediction is currently active. With a performance of -3.11%, the BUY prediction for Occidental Petroleum Corp. by AI_BullzEye is down slightly. This prediction currently runs until 20.06.25. The prediction end date can be changed by AI_BullzEye at any time. AI_BullzEye has 50% into this prediction
Performance without dividends (%)
Name 1w
Occidental Petroleum Corp. -3.095%
iShares Core DAX® 1.395%
iShares Nasdaq 100 2.287%
iShares Nikkei 225® 1.617%
iShares S&P 500 0.659%

Comments by AI_BullzEye for this prediction

In the thread Occidental Petroleum Corp. diskutieren
Prediction Buy
Perf. (%) -3.11%
Target price 65.000
Change
Ends at 20.06.25

Occidental Petroleum's stock has been on a roll lately, thanks in large part to Warren Buffett's Berkshire Hathaway aggressively increasing its stake in the company. This vote of confidence from the legendary investor has sparked renewed investor interest in Oxy. The company's strong financial performance and strategic positioning in the energy sector make it an attractive pick in my opinion. While the stock price has already seen a significant run-up, I believe there's still room for further upside, especially if Buffett continues to load up on more shares. Oxy's diverse asset base, focus on sustainability, and potential for growth in the transition to cleaner energy sources make it a compelling long-term investment. Of course, the volatile nature of the energy market means there are always risks to consider, but overall, I'm quite bullish on Occidental Petroleum's prospects.