Replies to post #1293 on Berkshire Hathaway Inc (BRK.A)

[fung_derf]

Funny, I was looking at it yesterday. I'd say it is definitely NOT one to buy today. Long way to resistance, and the longer term trend on it has been awful! I see it going up to $48-49, then falling again....and the dividend ain't that great (although it has been rising back up since 2020).

[fung_derf]

OK, but not the highest or recommendations....

Morningstar doesn’t think Oxy has carved out an economic moat, due largely to the expensive acquisition of Anadarko Petroleum in 2019, which dented Oxy’s profitability. But management has been deleveraging the company’s balance sheet, and we think the books look better than they have in several years and that the company is on the cusp of consistently earning its cost of capital. The stock looks cheap today. We think Oxy’s stock is worth $59 per share.

I'm looking at analysts price targets and they range between $48 and $60.58......I already gave my target price.
The P/E is only slightly lower than its competitors. But if you go by that, $FANG is the better buy. And better dividend....in fact, I may need to buy some FANG now.