Warren Buffett Has $20 Billion Invested in This High-Yield Dividend Stock. Here's Why He Could Buy More Shares.
I recently counted the number of high-yield dividend stocks Warren Buffett had in his Berkshire Hathaway portfolio. The total came to 12 -- more than I had anticipated.
It appears that Buffett likes high-yield dividend stocks more than I thought, and there's one that the legendary investor seems to be more bullish about than any other: (NYSE: CVX). Buffett has $20 billion invested in this high-yield dividend stock. Here's why he could buy more shares.
Buffett only invests in a stock if he believes its valuation is attractive relative to its potential long-term earnings growth. If we had to identify one reason he likes Chevron, this would be it.
Source Fool.com
Chevron Corp. Aktie
136,06 €
-3,85 %
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 27 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Für Chevron Corp. sieht die Community ein Kursziel von 179 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 136.06 € bedeutet.
