Is Warren Buffett's interest in Occidental a bet against recession? | Economic Times - Jobs World

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Saturday, July 16, 2022

Is Warren Buffett's interest in Occidental a bet against recession? | Economic Times

Is Warren Buffett's interest in Occidental a bet against recession? https://ift.tt/BaHC3Du, who told shareholders earlier this year that cash is like oxygen, is likely attracted by estimates showing Occidental's cash flow potential has soared, analysts said. He added 4.3 million this week bringing direct holdings to 179.4 million. The stock is up about 80% so far this year.

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