2 Warren Buffett Stocks to Buy Hand Over Fist in March
Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), owns lots of stocks. Two of the biggest are oil giants Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY). They currently clock in as Berkshire's fifth and sixth largest holdings.
Buffett's company has added to those oil stocks over the past few months. Given the current oil price point and other catalysts they have on the horizon, those purchases could really pay off. That upside makes them stocks that investors will want to make sure they grab this month.
Berkshire Hathaway currently owns over 126 million shares of Chevron, or about 6.8% of its outstanding shares, worth more than $19.6 billion, or 5.4% of its investment portfolio. Buffett's company recently boosted its position in the oil giant. His company took advantage of a sell-off in the oil stock following its decision to buy rival Hess in a roughly $60 billion deal.
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 7.44% compared to the current price of 605000.0 € for Berkshire Hathaway Inc. A.
