4 Billionaires Top Stock Picks

You don't get much hotter off the presses than today, and today's edition of U.S. News Invested follows the popular investment strategy of "Follow the Money."  We're all familiar with the other kind of "Follow the Money" investing where you do the legal kind of insider trading by following the publicly available leads about what the top executives at major corporations are personally buying and selling and then doing the same.  In this case, it's follow the money of the world's most famous billionaires and what they are buying and selling.  It's all right here.  Hope everyone had an enjoyable Labor Day.  

SEPTEMBER 5, 2022 Invested Advice, rankings and stock market news for investors.

Good morning, investors. With the stock market down, it's a good time to look at the portfolios and investing strategies of some of the most prominent and successful investors. Today's newsletter includes these articles featuring billionaires' real stock picks: 10 Stocks Warren Buffett Just Bought and Sold Bill Gates Portfolio: 7 Best Stocks to Buy in 2022 Billionaire Ray Dalio's 9 Top Stock and ETF Picks Billionaire George Soros' 7 Top Stock Picks in 2022 TODAY'S FEATURED 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. One of the most anticipated quarterly filings comes from Buffett and his $667 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 second quarter: Bought: Occidental Petroleum Corp. (ticker: OXY). Occidental Petroleum is one of the largest U.S. oil and gas companies, and oil and gas stocks have been top market performers in 2022. Buffett has held a stake in Occidental since Berkshire helped bankroll Occidental's $38 billion acquisition of Anadarko Petroleum in 2019. The latest filing revealed that Berkshire's stake in Occidental has grown to more than 272.2 million shares, worth about $16.3 billion. Bought: Ally Financial Inc. (ALLY). Ally Financial is a financial holding company that specializes in auto financing and mortgage lending. Ally shares are down in the past year as supply shortages have hit the auto market and rising mortgage rates have weighed on the housing market. Buffett appears to see Ally's weakness as a buying opportunity, and rising interest rates helped push Ally's net interest margins higher by 49 basis points to 4.04% in the second quarter. Buffett added roughly 21 million shares to his Ally stake in the second quarter, bringing his total investment to about $1 billion. Click here to continue reading. 10 stocks Warren Buffett just bought and sold: Bought: Occidental Petroleum Corp. (OXY) Bought: Ally Financial Inc. (ALLY) Bought: Apple Inc. (AAPL) Bought: Activision Blizzard Inc. (ATVI) Bought: Chevron Corp. (CVX) Sold: General Motors Co. (GM) Sold: U.S. Bancorp (USB) Sold: Kroger Co. (KR) Sold: Verizon Communications Inc. (VZ) Sold: Royalty Pharma PLC (RPRX)