Billionaire Warren Buffett's company has bought a nearly $60 million stake in ExxonMobil (NYSE: XOM), and has cut holdings in oil rival ConocoPhillips (NYSE: COP), according to Associated Press.
Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.
Sign Up Today for our Penny Stock Newsletter
Berkshire Hathaway (NYSE: BRK.A, BRK. B) also nearly doubled its holdings in Wal-Mart Stores (NYSE: WMT) during the latest quarter.
Omaha-based Berkshire disclosed the changes to its $59.7 billion U.S. stock portfolio in a Securities and Exchange Commission filing Monday.
During the quarter ended Sept. 30, Berkshire Hathaway bought nearly 855,000 shares of ExxonMobil. Its stake in ConocoPhillips was cut from more than 64 million shares at the end of June to more than 57 million.
Berkshire Hathaway's stake in Wal-Mart now stands at 33.6 million shares, up from nearly 20 million.
Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.
About Us
Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.
Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer
