The Traderszone Network

Published in TZ Latest News 24 July, 2016 by The TZ Newswire Staff

Forget Buffett Favorite Phillips 66: This Oil Refiner Is a Better Buy

Everyone’s favorite billionaire investor, Warren Buffett, continues to pour billions into oil refiner Phillips 66 (NYSE: PSX). At last count, Buffett’s Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) owned over 75 million shares of Phillips 66, which was part of ConocoPhillips as recently as 2012.

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