This year's stock to watch after NVDA: OXY Oil
$Occidental Petroleum (OXY.US)$ The stock price of OXY is approaching its 52-week low, mainly due to the low crude oil prices.
With crude oil prices nearing $65 per barrel, historically low stock prices for OXY, and potential for long-term investors, now may be a chance.
Considering the underestimated profit potential, a strong balance sheet, and strategic positioning in both traditional petroleum production and sustainable energy technology, the current OXY stock price is a buy.
With a well-managed company and the potential for oil prices to recover, it is an opportunity for investors looking to find value in the energy sector.There is a great opportunity for growth.I think there is.
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