10 Stocks Warren Buffett Just Bought and Sold

From this week's U.S. News Invested and for those of you who follow Warren Buffett, here are his latest purchases and, by extension, recommendations for the rest of us.  

MAY 18, 2022 Invested Advice, rankings and stock market news for investors.

Good morning, investors. Stocks climb as U.S. consumers keep spending, and Walmart tanks. Highlights of today's newsletter include our market insights plus these new articles: 10 Stocks Warren Buffett Just Bought and Sold 7 Money Market ETFs to Buy for Safety Crypto Crash: How Stable Are Stablecoins? TODAY'S FEATURED STOCK STORY 10 Stocks Warren Buffett Just Bought and Sold What stocks has Warren Buffett bought and sold lately? Each quarter, all fund managers with at least $100 million in assets must publicly disclose their stock holdings to the U.S. Securities and Exchange Commission via form 13F, giving investors a rare peek behind the curtain of some of the world's largest and most successful hedge funds. One of the most anticipated quarterly filings comes from Buffett and his $683 billion company Berkshire Hathaway Inc. (ticker: BRK.A, BRK.B). Here's a look at 10 of the biggest changes the Oracle of Omaha made to Berkshire's portfolio in the first quarter: Bought: Chevron Corp. (CVX) Buffett first invested in U.S. oil major Chevron in the fourth quarter of 2020. Since then, the oil industry and Buffett's Chevron stake have been on a roller coaster ride. Buffett reduced his Chevron holdings in the first and second quarters of 2021, but a global energy crisis and Russia's invasion of Ukraine have sent crude oil prices soaring to 13-year highs. In response, Buffett more than tripled his stake in Chevron in the first quarter, buying 120.9 million shares. Bought: Occidental Petroleum Corp. (OXY) Occidental Petroleum is one of the largest U.S. oil and gas companies. On March 4, a new filing from Berkshire Hathaway revealed that the company owned 91.2 million shares of Occidental, up from about 29.8 million shares previously. The latest 13F filing this week revealed Berkshire's stake in Occidental has more than doubled to 220.2 million shares worth about $12.1 billion, making OXY stock Buffett's fifth-largest stock holding. Click here to continue reading. 10 stocks Warren Buffett just bought and sold: Bought: Chevron Corp. (CVX) Bought: Occidental Petroleum Corp. (OXY) Sold: Verizon Communications Inc. (VZ) Bought: Activision Blizzard Inc. (ATVI) Bought: Citigroup Inc. (C) Bought: Paramount Global (PARA) Bought: Celanese Corp. (CE) Bought: McKesson Corp. (MCK) Bought: Markel Corp. (MKL) Bought: Ally Financial Inc. (ALLY)