2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) owns a massive stock portfolio with about 50 different investments and a total market value of more than $308 billion. And many of the stocks were hand-picked by Warren Buffett himself.
In the current bear market, some of Berkshire's stocks look like amazing bargains for patient long-term investors. But that's not the case for all of them. Here are two Buffett stocks in particular that could be worth a closer look right now, and one that has limited upside potential and is best to avoid.
Many financial sector stocks have been beaten down lately, and it's easy to understand why. We're already seeing a slowdown in discretionary spending, which could hurt loan demand, and if the economy falls into a recession, it could result in a significant uptick in defaults.
Source Fool.com