Warren Buffett's Stock Moves: Selling, Buying, and Surprising Investments

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Source: The Motley Fool
Warren Buffett's Stock Moves: Selling, Buying, and Surprising Investments
Photo: The Motley Fool
TL;DR Summary

Warren Buffett's Berkshire Hathaway has been selling off its holdings in HP and Activision Blizzard, while surprisingly continuing to buy shares of Occidental Petroleum. The decision to sell HP may be due to the company's lackluster third-quarter results and a decrease in share repurchases. As for Activision Blizzard, Buffett had previously stated that the stake was a short-term arbitrage opportunity. On the other hand, Buffett's continued buying of Occidental Petroleum suggests his belief in higher or stable crude oil prices, despite the company's relatively high debt.

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