InvestTalk 6-28-2024 – Why Buffet is Fueling Up on Energy Stocks
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 29 June 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Warren Buffett, the legendary value investor, is making waves with his massive bet on blue-chip energy stocks like Occidental Petroleum (OXY). We reveal the 7 key factors behind this investment legend's bullish stance on the energy sector.
Today's Stocks & Topics: DOW - Dow Inc., LULU – Lulu Lemon Athletica Inc., Market Wrap, Health Care Investing, Why Buffet is Fueling Up on Energy Stocks, OXY - Occidental Petroleum Corp., BSM - Black Stone Minerals L.P., DVN - Devon Energy Corp., KPP Newsletter, American Stocks, VTI - Vanguard Total Stock Market ETF, VGI - Virtus Global Multi-Sector Income Fund, Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, Coal, Small Caps ETFs, SPGI - S&P Global Inc., The FED and Interest Rates.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:09.0 | And for our podcast subscribers, this is Invest Talk, above average investing for the average investor. |
| 0:17.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United |
| 0:26.2 | States. |
| 0:27.2 | Here is KPP Financial portfolio manager Luke Guerrero. Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:37.0 | I will be your host today for the next hour. |
| 0:40.0 | My name is Luke Guerrero and today is Friday, June 28, 2024, which means we all made it through the week and we all made it through the month of June. |
| 0:50.0 | Now certainly the first half of this year has brought us a mixture of interesting news, |
| 0:54.4 | wars persisting in regions of the world, supply chains shifting, inflation moving lower, and a job market that has remained uncharacteristically strong. |
| 1:07.0 | And through all this, we come here to this program day after day and become better and more informed investors. |
| 1:16.4 | Now how do we do that? Well we give you educational item, actionable items, |
| 1:20.9 | things that help you look in the mirror and look into your portfolio and say can I do better. |
| 1:27.0 | But truly the best way to figure out if you can do better is to call in or leave us a comment on our YouTube or |
| 1:36.1 | leave us a review on iTunes and ask your finance and investment questions because that |
| 1:40.8 | honestly is what I prefer to answer. because that |
| 1:45.0 | being said, we'll run down what I prefer to answer every time I'm with you. |
| 1:47.0 | Now, with that being said, |
| 1:49.0 | we'll run down what happened in the market today and this week, |
| 1:52.0 | as well as run down those show topics. |
| 1:54.8 | But first, why don't we get to our first question? |
| 1:58.1 | Good afternoon, Justin and Luke. |
| 2:01.4 | This is Steve from Colorado, and I'm just calling if I could get your assessment on Dow Incorporated ticket |
... |
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