1 Bargain-Basement Warren Buffett Stock Down 59% to Buy Before It Starts Soaring
Any conversation about the greatest investors of all time would no doubt include renowned Berkshire Hathaway CEO Warren Buffett. The "Oracle of Omaha" has been in the driver's seat at the company for more than five decades and in that time has become the yardstick by which all long-term investors are measured. Since he took the helm at Berkshire in 1965, its stock has risen more than 20% annually (on average). In total, it surged a mind-boggling 3,641,613%.
Given the challenges investors faced over the past year, many are looking for any advantage they can find to improve their odds of success. Many are scouring Berkshire's extensive list of holdings searching for diamonds in the rough. One stock that appears especially intriguing is Snowflake (NYSE: SNOW). In the bear market the share price has fallen 59% from its peak -- belying the business's impressive financial results.
Will Snowflake rebound from the economic headwinds that have "buffeted" its stock in 2022? Let's take a look and see what the big picture reveals.
Source Fool.com
