1 Bargain-Basement Warren Buffett Stock to Buy Before Wall Street Comes to Its Senses
No conversation about successful investing would be complete without a hat-tip to legendary Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett. The so-called Oracle of Omaha has steered the conglomerate for over five decades, racking up returns that may never be matched. In fact, since taking the helm back in 1965, Berkshire Hathaway has generated gains of roughly 20% annually.
As the recovery of major market indexes begins to pick up steam, investors are scouring Buffett's portfolio for inspiration. One stock that looks like a particularly compelling opportunity right now is Amazon (NASDAQ: AMZN). The e-commerce pioneer isn't getting much respect from Wall Street these days, and its stock is still down 28% from its peak. Yet despite recent macroeconomic challenges, it's far from a company in jeopardy. Investors appear to be ignoring its strong history of growth, several industry-leading positions, and long and distinguished track record of success.
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Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 4.5% for Berkshire Hathaway Inc. A compared to the current price of 622000.0 €.