Posted 3/2/2024, 10:50:00 AM
Buffett Bullish on Stocks and Oil; Sees Potential in Amazon and Homebuilders
- Warren Buffett has owned mostly stocks throughout his investing career and continues to be bullish on U.S. stocks
- Amazon is more focused on profitability than ever before, making it an even more attractive investment now
- Homebuilder Lennar is undervalued and poised to benefit as housing demand outpaces supply and mortgage rates potentially decline
- Buffett wants to buy as much Occidental Petroleum stock as possible, valuing its oil and gas assets and carbon capture potential
- The Motley Fool recommends 10 best stocks to buy now over Occidental, though Buffett believes Oxy will be a long-term Berkshire holding