His recent 13F report shows his belief in buying companies with durable competitive advantages.
Warren Buffett's purchase of additional stocks of $Occidental(OXY)$ indicates his belief that Occidental is undervalued relative to its long term potential. Occidental is a established leader in the US Energy sector and benefits from robust oil and gas reserves.
Warren Buffett also likes stocks that pay good dividends and Occidental fulfil that criteria with a dividend yield of 2.23%.
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Great article
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Nice!
Great article, would you like to share it?