1 Ridiculously Cheap Warren Buffett Stock to Buy Hand Over Fist Right Now
Do you think stocks are getting expensive? You could be right. One key valuation metric -- the S 500 Shiller cyclically adjusted price-to-earnings (CAPE) ratio -- is at its highest level since early 2022 when the market began to tank.
But not every stock is priced at a nosebleed level. You can find several good picks in Warren Buffett's Berkshire Hathaway portfolio. Here's one ridiculously cheap Buffett stock to buy hand over fist right now.
Buffett (or one of Berkshire's two other investment managers) initiated a small position in Lennar (NYSE: LEN) last year. At the same time, Berkshire also bought shares of two of Lennar's rivals -- D.R. Horton and NVR. Although Buffett exited the stake in D.R. Horton in the fourth quarter of 2023, the other two homebuilder stocks remain in Berkshire's portfolio.
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 9.34% for Berkshire Hathaway Inc. A compared to the current price of 594500.0 €.
