In today’s post:
🐐 Buffett Isn't Here for 20%
🐐 Buffett Isn't Here for 20%
Evercore upgraded Occidental Petroleum $OXY ( ▼ 0.28% ) this week, and the stock popped nearly 4% on the announcement.
The reasons? Improved capital efficiency and successful deleveraging. Plain English? The company got leaner and paid down its debts.
But here's the real question: is OXY still a buy now that Wall Street is finally paying attention?
Because the golden rule of institutional money is brutal: they pile in together, and they stampede out together. The trick is beating them through both doors.
Let's build the case.
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