2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has a massive stock portfolio with dozen of companies worth well over $300 billion, and many of its positions were selected by CEO Warren Buffett himself.
For the most part, Buffett and his investment managers are known for buying the stocks of tried-and-true businesses that are well established and stable but still have long-term growth potential. But that's not always the case, and not every "Buffett stock" is worth buying now. Here are two in particular that look like attractive long-term investments after the recent market decline and one growth stock in Berkshire's portfolio that you might want to think twice about.
Bank of America (NYSE: BAC) is the second-largest stock position in Berkshire's portfolio. As of the latest information, Berkshire owned just over a billion shares of the megabank, which translates to an ownership stake of about 13%.
Source Fool.com
