2 Energy Stocks to Buy on the Dip: NOV, ETE
The bears have finally arrived on Wall Street. Much to the bulls’ frustration, selling pressures have managed to return with full force amid all-time highs for major equity indexes. Growing fears of an earlier-than-expected rate hike on the home front has prompted a market-wide sell off that doesn’t appear to be over just quite yet [for more commodity futures news and analysis subscribe to our free newsletter].
Berkshire’s Latest Acquisition: Another Big Oil Bet
Commonly referred to as the Oracle of Omaha, Warren Buffett is one of the world’s most famous investors, heralded for his simple yet effective valuation methods. So when the legendary investor makes a big bet, most are willing to follow in hopes of cashing in on Buffett’s guru-like instincts. Buffett’s latest bet involves a $1.4 billion arbitrage on Phillips 66 (PSX) [for more commodity futures news and analysis subscribe to our free newsletter].
Warren Buffett’s Commodity Stock Picks
Warren Buffett–the Oracle of Omaha–is one of the world’s most renowned investors, heralded for his simple yet effective valuation methods. As such, followers of the legendary investor pay close attention to when Buffett places big bets, and they hope that by following his stock picks, they will cash in on Buffett’s guru-like instincts [for more commodity stock news and analysis subscribe to our free newsletter].
Buffett Increases Holdings In This Oil & Gas Stock
Commonly referred to as the Oracle of Omaha, Warren Buffett is one of the world’s most famous investors, heralded for his simple yet effective valuation methods. So when the legendary investor makes a big bet, most are willing to follow in hopes of cashing in on Buffett’s guru-like instincts. Buffett’s latest bet was placed on a Houston-based oil and gas equipment and services company: National Oilwell Varco, Inc. (NOV) [for more commodity futures news and analysis subscribe to our free newsletter].
A Deeper Look At Canada’s Commodity Industry
Commodity traders think about the United States for natural gas, Saudi Arabia and other Middle Eastern nations for oil, Africa for gold, and Asia for foods such as rice. In doing so, they sometimes ignore commodity-rich Canada [for more commodity news and analysis subscribe to our free newsletter].
