3 Reasons to Avoid This Little-Known Warren Buffett Stock
After a glance at Berkshire Hathaway's public equities portfolio, you'll quickly realize that just a handful of businesses dominate. I'm talking about Apple, Bank of America, and American Express, which -- combined -- constitute an astounding 63.8% of its holdings.
But there are also little-known positions like Sirius XM Holdings (NASDAQ: SIRI). This audio entertainment stock makes up a tiny portion of the overall portfolio and has fallen 15% in the last five years.
Despite the Oracle of Omaha and his team's stamp of approval, there are three reasons to avoid this company. Let's take a closer look at the problems with Sirius XM.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€607,500
0.330%
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 7.0% compared to the current price of 607500.0 € for Berkshire Hathaway Inc. A.
