Warren Buffett's Bold Move: Acquiring a 10% Dividend Yield Stock
Warren Buffett's Berkshire Hathaway purchased just over 51,000 shares in oil and gas company Vitesse Energy (NYSE: VTS) in the first quarter. It's not a significant position for Berkshire -- the current value is just over $1.1 million. However, it is intriguing for retail investors who want to follow the oracle of Omaha into a stock currently yielding 9.5%. So let's look at Vitesse and why it might attract income-seeking investors.
The stock has all the hallmarks of a Buffett value stock purchase. The key to this argument is as follows:
Image source: The Motley Fool.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
602.000 €
0,08 %
Mehr Buy- als Sell-Zahlen bei Berkshire Hathaway Inc. A zeigen ein leicht positives Sentiment.
Das Community-Kursziel von 650000 € für Berkshire Hathaway Inc. A deutet auf ein leicht positives Wachstumspotenzial gegenüber 602000.0 € hin.
