1 Growth Stock Down 67% to Buy Right Now
Many individual investors take their cues from Warren Buffett. That's why it might have been noteworthy when it was revealed that Berkshire Hathaway completely sold off its stake in the luxury furniture retailer RH (NYSE: RH) during the first quarter of 2023. The initial reaction might be to follow Buffett's actions.
Shares of RH remain under pressure as they're down 67% from their all-time high. Investors are likely worried about the economic slowdown and its effect on the business in the near term. Taking this into account, this is still a growth stock to consider buying right now, even with Buffett no longer a shareholder.
Let's take a closer look at why.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
645.000 €
1,49 %
Berkshire Hathaway Inc. A ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Mit einem aktuellen Kurs von 645000.0 € hat Berkshire Hathaway Inc. A das von der Community vorgegebene Kursziel von 650000 € getroffen.
