Buying This Warren Buffett Stock Could Be a Brilliant Move Right Now
Where is Warren Buffett channeling most of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) money these days? U.S. Treasury bills. Berkshire's investments in Treasurys totaled nearly $122 billion at the end of the second quarter.
Buffett was also a net seller of stocks in Q2 to the tune of close to $8 billion. This, combined with the large Treasury bill stockpile, provides a big clue that the famous investor doesn't think there are many attractive stocks to buy these days.
However, "many" doesn't mean "any." The Oracle of Omaha has identified a handful of stocks that he likes. I think one of them especially stands out. Buying this Buffett stock could be a brilliant move right now.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
638.000 €
-1,92 %
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 €.
