1 Warren Buffett Stock to Buy Before It Rallies 115%, According to 1 Wall Street Analyst
Any conversation about the most successful investors of all time should certainly include Berkshire Hathaway CEO Warren Buffett. The legendary investor has been dubbed the "Oracle of Omaha" for his uncanny and consistent ability to uncover winning investments that others may have overlooked (and in reference to his birthplace of Omaha, Nebraska).
Buffett has run the company for nearly six decades, amassing a track record that's unmatched. Since he became CEO in 1965, Berkshire Hathaway stock has gained nearly 20% annualized and overall has increased by a mind-boggling 3,787,464%.
It isn't surprising, then, that investors pour over Berkshire's stock picks, looking for diamonds in the rough. One particularly intriguing stock with multiple ways to win is Paramount Global (NASDAQ: PARA) (NASDAQ: PARA.A). The stock is down roughly 86% from its peak, but there are a number of potential catalysts that could drive the shares higher after a challenging couple of years. In fact, one analyst believes the stock could soar as much as 115%.
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 8.06% compared to the current price of 601500.0 € for Berkshire Hathaway Inc. A.