$12.9 Billion of Warren Buffett's Portfolio Is Invested in 1 Stock That Could Soar 25%, According to Wall Street
Valuation is likely a key consideration for Wall Street as well. Occidental's share price is 29% below its peak from earlier this year. The stock trades at a forward price-to-earnings ratio of 12.5 compared to a forward earnings multiple of 14.6 for the S&P 500 energy sector.