5 Best Stocks to Buy for Good Returns

3. Chevron Corporation (NYSE:CVX)

Berkshire Hathaway’s Q4 2022 Stake Value: $29 billion

All Time Share Price Gain as Of February 17, 2023: 1,672%

Number of Hedge Fund Holders in Q3 2022: 66

Chevron Corporation (NYSE:CVX) is a diversified oil and gas company that is based in San Ramon, California. The firm explores, produces, refines, and sells oil and gas products.

Chevron Corporation (NYSE:CVX) is taking advantage of the booming natural gas market as it has partnered up with another firm to develop a massive 26,000 acre gas site in the U.S. Berkshire Hathaway owned a $29 billion stake in the firm in Q4 2022, and in the previous quarter, 66 of the 920 hedge funds part of Insider Monkey’s research had also invested in the oil company.

After Mr. Buffett, Chevron Corporation (NYSE:CVX)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 6.8 million shares that are worth $1.2 billion.

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