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U.S. Holiday Spending Climbs 4.8% Y/Y, Visa Says
By increasing shareholding in Occidental Petroleum, Buffett has contradicted one of his principles.
According to estimates from Barron's, reducing the shareholding in Apple caused Buffett to miss out on over $35 billion in earnings. Meanwhile, Occidental Petroleum and Sirius XM have both seen significant declines this year, with stock prices consistently below Berkshire's average buying cost. Buffett seems to be "pulling flowers and watering weeds."
Buffett Violates Own Rule in Buying Occidental Stock -- Barrons.com
Morgan Stanley Maintains American Express(AXP.US) With Hold Rating, Raises Target Price to $305
Monness Maintains American Express(AXP.US) With Buy Rating, Raises Target Price to $330
Compass Point Maintains American Express(AXP.US) With Hold Rating, Raises Target Price to $325