1 Warren Buffett Stock Down 56% You'll Regret Not Buying on the Dip
There's a strong argument to be made that Berkshire Hathaway CEO Warren Buffett is the greatest investor of all time. His tenure spans more than five decades, and his performance is unmatched. During his 58-year stint helming Berkshire Hathaway, the so-called "Oracle of Omaha" has helped Berkshire deliver stock price gains of nearly 20% annually, generating aggregate returns of 3,787,464%. Given his results, it isn't surprising that investors turn to him for inspiration.
One Warren Buffett stock that looks like a steal right now is Ally Financial (NYSE: ALLY). The continuing macroeconomic headwinds and high interest rates have stunted the growth of auto loans, which make up the lion's share of the bank's business. As a result, the stock is still down more than 56% from its 2021 peak. Yet Berkshire holds a stake representing nearly 10% of Ally's stock. Let's look at the evidence to see what investors might be missing.
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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 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
