1 Warren Buffett Growth Stock Down 80% to Buy in 2024 and Hold Forever
Berkshire Hathaway Chief Executive Officer Warren Buffett is arguably the most successful investor in modern history. When he purchased a controlling stake in the company in 1965, the stock was trading at roughly $18. Today, a single share of Berkshire's Class A stock costs roughly $545,000. If you owned a $1,000 position in the company when Buffett took over and held onto your shares, your holdings would now be worth well over $29 million.
Buffett has primarily built Berkshire's incredible, world-beating success by investing in U.S.-based businesses and assets. But the Oracle of Omaha has made some notable bets on international stocks -- and some of these lesser-known plays could wind up delivering incredible returns.
If you're interested in Buffett-backed stocks with explosive potential, read on to see why buying this overlooked stock and holding for the long haul looks like a great move right now.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 2.28% compared to the current price of 635500.0 € for Berkshire Hathaway Inc. A.
