CVX
⛽ Warren Buffett has been actively increasing his investments in the energy sector, a notable exception to his recent selling trend.
📈 He specifically added to positions in energy companies like Chevron, viewing the sector as potentially less affected by an economic downturn.
💪 This move suggests a strategic allocation towards sectors perceived as more resilient during potential recessions, according to studies like Fidelity’s.
@Artedeinvertir:
“If we look at this study from Fidelity about the sectors that would perform best in a possible economic recession, we see that the energy sector would be one of the least affected. In fact, during the last few months, one of the few sectors where Warren Buffett has expanded positions is in the energy sector with the purchase of shares in the energy and oil companies Chevron and Occidental Petroleum.”
Watch the exact part of the video where @Artedeinvertir talks about Chevron here:
Watch the video on YouTube
Read more articles analyzing Chevron (CVX) at the following link. CVX stock.
