1 Warren Buffett Artificial Intelligence (AI) Stock Down 50% to Buy and Hold Forever
Famous investor Warren Buffett loves putting his money into things that interest the U.S. consumer. His holding company, Berkshire Hathaway, has a massive portfolio littered with consumer-focused and financial stocks like Coca-Cola, Apple, and Bank of America.
However, not all of Berkshire's holdings have direct ties to consumers. Outside its usual playbook, Berkshire owns a $1.2 billion stake in data cloud company Snowflake (NYSE: SNOW). Despite trading down 50% from its high, the stock could someday become one of Berkshire's best-performing investments. Investors should consider buying and holding this Buffett stock for years to come.
Why? Well, part of the reason is that Snowflake is expected to play a vital role in artificial intelligence (AI) and stands to benefit greatly from its growth over the coming decades.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
Die Community zeigt leichtes Interesse an Berkshire Hathaway Inc. A mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 650000 € für Berkshire Hathaway Inc. A zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 638000.0 €.
