Reported 2 days ago
Warren Buffett has recently increased his stake in three stocks—Occidental Petroleum, Sirius XM, and VeriSign—amid a market sell-off following the Federal Reserve's interest rate decision. With Berkshire Hathaway now holding over 28% of Occidental, nearly 35% of Sirius XM, and 13.6% of VeriSign, these purchases signal Buffett's ongoing confidence in these companies despite their recent underperformance. The exact rationale behind these buys remains unclear, but they represent a small fraction of Berkshire's significant cash reserves.
Source: YAHOO