2 Warren Buffett Stocks That Could Soar If the Fed Cuts Interest Rates in September
Warren Buffett hasn't fared too badly since the Federal Reserve began raising interest rates in March 2022. Shares of Berkshire Hathaway are up more than the S 500 during the higher-rate environment.
However, Buffett is probably hoping for lower rates as many investors are. Some of the stocks in his Berkshire Hathaway portfolio could especially benefit from a positive move by the Federal Reserve. Here are two Buffett stocks, in particular, that could soar if the Fed cuts interest rates in September.
Buffett initiated positions in three housing stocks in the second quarter of 2022. His biggest stake, by far, was in D.R. Horton. He subsequently sold all of Berkshire's shares in the giant homebuilder. However, he held onto the other two stocks.
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 4.5% for Berkshire Hathaway Inc. A compared to the current price of 622000.0 €.
