This Ridiculously Cheap Warren Buffett Stock Could Make You Rich
Under the direction of Warren Buffett and Charlie Munger, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has progressed from its roots as a textile manufacturer into the largest investment holdings company in the world. The company's investment portfolio is currently valued at a staggering $349 billion.
Berkshire Hathaway's knack for picking great stocks that perform is precisely why investors should at least consider its investments for their own portfolios. With a 7% stake in Kroger (NYSE: KR) worth $2.3 billion, the grocery retailer is the 16th-largest position within Berkshire's portfolio of approximately four dozen stocks. Clearly, Berkshire and Buffett see something they like about his stock.
Here are three reasons why value investors may want to think about buying Kroger stock for their portfolios.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
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