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InvestTalk

InvestTalk 6-28-2024 – Why Buffet is Fueling Up on Energy Stocks

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K 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

Click on a timestamp to play from that location

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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