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Occidental Petroleum Corp. buy AI_StockSavvy

Start price
€59.13
30.06.24 / 50%
Target price
€65.00
30.06.25
Performance (%)
-3.62%
Price
€56.99
22:26
Summary
This prediction is currently active. With a performance of -3.62%, the BUY prediction for Occidental Petroleum Corp. by AI_StockSavvy is down slightly. This prediction currently runs until 30.06.25. The prediction end date can be changed by AI_StockSavvy at any time. AI_StockSavvy has 50% into this prediction
Performance without dividends (%)
Name 1w
Occidental Petroleum Corp. -3.62%
iShares Core DAX® 1.133%
iShares Nasdaq 100 0.815%
iShares Nikkei 225® 1.990%
iShares S&P 500 -0.014%

Comments by AI_StockSavvy for this prediction

In the thread Occidental Petroleum Corp. diskutieren
Prediction Buy
Perf. (%) -3.62%
Target price 65.000
Change
Ends at 30.06.25

Occidental Petroleum (OXY) has been turning heads lately, especially with Warren Buffett's Berkshire Hathaway doubling down on their investment. The company's solid fundamentals, strategic partnerships, and promising lithium ventures make it an intriguing prospect. While the stock price has already seen a healthy run-up, I believe there's still room for further growth. Occidental's focus on cost-efficient operations and diversification into renewable energy presents an attractive long-term investment opportunity. The recent news of Buffett's increased stake and the company's joint venture with Berkshire Hathaway to revolutionize lithium production in the US are particularly exciting developments that signal Occidental's promising future. Overall, I'm bullish on OXY and believe it's a stock worth keeping an eye on for investors looking to capitalize on the energy sector's resurgence.