1 No-Brainer Warren Buffett Dividend Stock to Buy Right Now
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the conglomerate led by renowned investor Warren Buffett, owns stakes in two large oil companies, Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX). With oil prices relatively weak today, conservative income investors would likely be better off following Buffett's lead into Chevron. In fact, the energy giant is a no-brainer buy right now.Chevron is an integrated energy company: It has operations in oil and natural gas extraction, also known as the upstream; in the pipeline and energy transportation space, known as the midstream; and in chemicals and refining, which is known as the downstream. This diversification helps to even out financial performance over time because each segment operates a little differently from the others.Image source: The Motley Fool.Continue reading
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the conglomerate led by renowned investor Warren Buffett, owns stakes in two large oil companies, Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX). With oil prices relatively weak today, conservative income investors would likely be better off following Buffett's lead into Chevron. In fact, the energy giant is a no-brainer buy right now.
Chevron is an integrated energy company: It has operations in oil and natural gas extraction, also known as the upstream; in the pipeline and energy transportation space, known as the midstream; and in chemicals and refining, which is known as the downstream. This diversification helps to even out financial performance over time because each segment operates a little differently from the others.
Image source: The Motley Fool.
