Occidental Petroleum (OXY) is today’s FOMO stock. Berkshire Hathaway recently bought additional 18.1M shares of OXY. Currently, they own a 14.6% stake in the company. Occidental Petroleum is engaged in hydrocarbon exploration in the U.S., Middle East, and Latin America. Jenny Horne weighs in on the OXY stock being up over 86% year-to-date. How does OXY compare to other energy stocks like CVX, XOM, COP, and PSX? Next, Alex Coffey discusses an example option trade on Occidental Petroleum (OXY) with a bullish direction.
21 Mar 2022