1 "Magnificent Seven" Stock Warren Buffett Might Buy Soon
The "Magnificent Seven" is a group of stocks that have led the market since early 2023. However, they've also gotten quite expensive, so it doesn't make sense for a value investor like Warren Buffett and his team at Berkshire Hathaway to buy them.
Still, there's one that Buffett and Berkshire might be eyeing: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). On the surface, this may seem like a stock Berkshire wouldn't own, but after some digging, it's clear that Alphabet is a stock they would consider buying.
Alphabet is probably better known for the companies under its umbrella: Google, YouTube, Android, and others. While news headlines may tell you that Alphabet is losing the AI race (which may be true), at its core, Alphabet is just an advertising business. In the fourth quarter, 76% of revenue came from the ad segment.
Source Fool.com
Alphabet Inc. A Stock
With 94 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 180 € there is a slightly positive potential of 13.25% for Alphabet Inc. A compared to the current price of 158.94 €.
