Occidental Petroleum (OXY): Among Billionaire Glenn Russell Dubin’s Stock Picks with Huge Upside Potential

Glenn Russell Dubin is 1 of the industry’s astir experienced hedge money managers, champion known arsenic the co-founder of Highbridge Capital Management, a multi-strategy concern concern helium founded with Henry Swieca successful 1992. Before being bought by JPMorgan Chase successful 2004, the steadfast rapidly roseate to prominence arsenic 1 of Wall Street’s astir blase hedge funds. As of March 2024, Highbridge Capital manages much than $7.1 cardinal successful discretionary assets and has a focused vulnerability to maturation industries.

Dubin has agelong been progressive successful basal probe and multi-asset investing done Highbridge and his backstage concern firm, Dubin & Company. His portfolio demonstrates a high-conviction strategy, with the apical 10 holdings accounting for much than 40% of reported 13F equities. Dubin’s apical banal picks often coincide with broader macroeconomic themes, specified arsenic monetary easing, superior marketplace expansion, and concern revival, making them fantabulous bets for semipermanent investors looking for asymmetric risk-reward ratios.

The inheritance for these investments is particularly attractive. Financial markets rebounded powerfully successful 2024, with fiscal equities up much than 30% by the extremity of the year, owing to little inflation, little involvement rates, and beardown capitalist sentiment. Even if the United States’ GDP maturation is expected to autumn from 2.7% successful 2024 to 1.5% successful 2025, hopes of Fed complaint cuts and a much unchangeable regulatory situation are keeping fiscal manufacture momentum alive. Meanwhile, increasing firm refinancing needs and record-high user indebtedness are steering superior into backstage recognition and asset-backed lending—areas wherever Highbridge has traditionally excelled.

The concern assemblage is besides experiencing a important revival, with a 26% summation successful 2024 driven by request for reshored manufacturing, cleanable vigor buildout, and infrastructure construction. With lone a 4th of the $1.9 trillion successful planned North American infrastructure projects underway, determination is inactive tremendous maturation potential. At the aforesaid time, reduced involvement rates are expected to boost lodging activity, and aerospace request is expected to emergence arsenic airlines revamp their aged fleets. These macroeconomic drivers proceed to supply appealing introduction points for cyclical names with semipermanent upside.