This Warren Buffett Stock Soared 70% in 2023. Here's Why It's Still a No-Brainer Buy.
Since Warren Buffett took the helm at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) nearly 60 years ago, the stock has nearly doubled the total return achieved by the S 500. Last year, however, Buffett didn't beat the market.
That doesn't mean he didn't have some big winners in Berkshire's portfolio, though. There's one stock in particular that Buffett bought in mid-2023 that he probably wishes he had purchased sooner.
Buffett didn't buy many stocks last year. Actually, he was a net seller during the year. However, he really liked one group of stocks.
Source Fool.com