2 Former Warren Buffett Stocks That Stand Out as Stong Buys in 2024
Warren Buffett has a well-earned reputation for spotting businesses with unusually durable competitive advantages. By buying and holding shares of these businesses over long periods, his diversified conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has delivered returns far superior to those of the benchmark S 500 index over the past 59 years.
So when the Oracle of Omaha and his investing team completely exit a stock position, Wall Street and retail investors alike tend to notice. In the third quarter of 2023, Berkshire curiously decided to sell its entire stakes in Johnson Johnson (NYSE: JNJ) and Proctor Gamble (NYSE: PG). Here's why these two blue-chip dividend stocks are still superb buys for most investors.
Image Source: Getty Images.
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.
