(Bloomberg) -- Famed investor Warren Buffett is steadily snowballing a stake in Occidental Petroleum Corp. in what could end up being his biggest-ever acquisition. His Berkshire Hathaway Inc. on Friday won approval to buy as much as 50% of the shares. Some investors believe it’s a step toward a full takeover, which may end up costing more than $50 billion. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedXi and Pu
Two of these stocks together generate more than $1.6 billion in annual dividend income for Berkshire Hathaway.
Chevron, Occidental Petroleum, Apple, Activision Blizzard and Amazon have been included in this Value Investor article.