What stock did Warren Buffett just buy? (2024)

What stock did Warren Buffett just buy?

What stock did Warren Buffett recently buy? Buffett bought shares of Chevron, Occidental Petroleum, and Sirius XM Holdings in the fourth quarter of 2023.

Why is Warren Buffett buying Chevron?

Above all else, it's likely Buffett sees Chevron as a value play. Chevron has proven it can do well even when the prices for crude oil drop, noting in its fourth-quarterearnings callit can cover capital expenditures and dividends even if Brent crude drops to the low-$50 range.

What company is Berkshire buying?

Occidental Petroleum (OXY)

Berkshire also added to its stake in Occidental Petroleum during the fourth quarter and has continued adding to it in early 2024, according to recent filings. Berkshire held 243.7 million shares at the end of 2023, but boosted its position to more than 248 million shares in early February.

Does Warren Buffett own Nvidia stock?

He has said he generally avoided tech stocks, and according to Berkshire's most recent 13F filing for the fourth quarter, the company held no stake in Nvidia. Might he similarly regret not getting in on Nvidia?

What will Warren Buffett do with all that cash?

“What we'd really like to do is buy great businesses,” he said. “If we could buy a company for $50 billion or $75 billion, $100 billion, we could do it.” “It would be easier to do with a private company,” he said.

Who owns most of Chevron?

Chevron is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.6%. The second and third largest shareholders are BlackRock, Inc. and State Street Global Advisors, Inc., with an equal amount of shares to their name at 6.6%.

Is it worth buying Chevron stock?

Chevron Corp has 9.18% upside potential, based on the analysts' average price target. Chevron Corp has a conensus rating of Moderate Buy which is based on 9 buy ratings, 6 hold ratings and 0 sell ratings. The average price target for Chevron Corp is $176.07.

Does Warren Buffett own Walmart?

Warren Buffett was a major shareholders in Walmart until 2016, when he sold most of Berkshire Hathaway's stake in the retailer. At that time, Buffett cited Jeff Bezos and Amazon as a threat that made retail stocks a “tough” game.

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Who owns most Apple stock?

Vanguard owns the most shares of Apple (AAPL).

Is Nvidia a millionaire maker stock?

Semiconductor designer Nvidia (NASDAQ: NVDA) has made many millionaires in recent years. Its stock has more than tripled in the last year alone.

Where does Buffett keep his cash?

What Berkshire is currently doing with its cash hoard. In the near term, Buffett appears content with holding the majority of Berkshire's cash in Treasury bills -- a short-term security backed by the U.S. Treasury Department with a maturity of one year or less.

How much cash is Warren Buffett sitting on?

Simplicity has been at the center of Buffett's strategy for decades. With Berkshire holding a record $168 billion of cash and short-term investments on its balance sheet, investors must surely be wondering what Buffett is thinking.

Can I ask Warren Buffett for money?

Warren Buffett typically does not give money to individuals, although he frequently donates to charities. However, he has in the past forwarded individual requests for money to his sister, Ms. Doris Buffett, who operates an organization called the Sunshine Lady Foundation.

Is Chevron bigger than Exxon?

Reuben Gregg Brewer (Chevron): ExxonMobil, with a market cap of nearly $420 billion, is a much larger company than Chevron, which has a market cap a touch below $280 billion.

Is Exxon Mobil American owned?

ExxonMobil Corporation (/ˌɛksɒnˈmoʊbəl/ EKS-on-MOH-bəl; commonly shortened to Exxon) is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller's Standard Oil.

Who is Chevron merging with?

The boards of both Chevron and Hess have approved the deal announced Monday after six months of negotiations, and is targeted to close in the first half of next year.

Is Chevron a long-term buy?

Chevron is well-positioned in the current environment

As such, Chevron'ss rock-solid balance sheet (net debt stood at just $12.6 billion at the end of 2023) means it's an ideal stock to buy if you are bullish on the long-term outlook for the price of oil.

Is Chevron stock going to split?

Chevron last completed a 2-for-1 stock split in 2004, but it has made no indication that it plans on splitting it again any time soon. With many brokers offering investors to acquire fractional shares of stocks, many companies are less inclined to offer stock splits.

Is Chevron a hold or sell?

Is Chevron stock a Buy, Sell or Hold? Chevron stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 53 buy ratings, 29 hold ratings, and 1 sell ratings.

Does Warren Buffett still own Geico?

Geicois owned by Berkshire Hathaway, which is led by well-known investor Warren Buffet. Warren Buffett has owned shares of Geico stock since 1951, and Geico became a wholly-owned subsidiary of Berkshire Hathaway in 1996.

Which railroad does Warren Buffett Own?

On January 24, 2005, the railroad's name was officially changed to BNSF Railway Company using the initials of its original name. Warren Buffett's Berkshire Hathaway acquired BNSF Railway in February 2010, obtaining all of its shares and taking the company private.

Does Warren Buffett Own Amazon?

As previously mentioned, Berkshire only reduced its stake in Amazon by around 5%. It still owns 10 million shares of the e-commerce and cloud services giant.

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