Warren Buffett Can't Stop Buying This Incredible Value Stock

Warren Buffett has been hard-pressed to find a great stock to buy in today's market. That's evidenced by the $168 billion in cash and treasuries that sat on Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) balance sheet at the end of 2023. But one stock has caught his and fellow investment managers Ted Weschler and Todd Combs' eyes recently.

These Berkshire fund managers have invested approximately $2.8 billion into the company so far after adding over $760 million to the investment in March and nearly $100 million more so far in April. Despite the significant holding in the company, the stake still represents less than 1% of Berkshire's entire investment portfolio. That points to the challenge for Buffett to find an investment big enough to move the needle at Berkshire.

But for anyone who wants to invest like Warren Buffett, it could be a great opportunity to follow in his footsteps and buy a value stock he and his team find interesting.

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Source Fool.com