2 Beaten-Down Warren Buffett Growth Stocks That Could Go Parabolic
Imagine having owned and held on to a $1,000 stake in Berkshire Hathaway on the day that Warren Buffett acquired the company in 1965. The Oracle of Omaha acquired Berkshire at $18 per share and used it as the foundation to build one of the world's most successful investment conglomerates. Today, the company's Class A stock trades at roughly $472,000 per share, which means that your $1,000 position would now be worth more than $26 million.
With Berkshire Hathaway sporting a market cap of roughly $683 billion and standing as the world's sixth-largest public company, its most explosive days of growth are likely in the past. But there are growth stocks held in the Berkshire Hathaway portfolio that could go on to post market-crushing, multibagger returns. Read on for a look at two high-risk, high-reward stocks owned by Berkshire Hathaway that trade down massively from previous highs that could bounce back and deliver stellar returns for risk-tolerant investors.
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Source Fool.com
