3 Underrated Warren Buffett Stocks That Are Smart Buys Right Now
Investing like Warren Buffett isn't easy. Everyone remembers Berkshire Hathaway CEO Buffett's dictum about being "fearful when others are greedy, and greedy when others are fearful." Still, it's a lot harder to put into practice, not least when the three stocks discussed here, namely (NYSE: UPS), chemicals company Celanese (NYSE: CE), and oil major Chevron (NYSE: CVX), face obvious headwinds in 2023.
That said, if you are prepared to be patient and want to invest as Buffett does through his holding company, all three of these stocks look like great value opportunities.
The economy is slowing, and that's usually bad news for companies that rely on economic activity for their growth. In UPS's case, that activity is package deliveries, whether it's to and from the consumer or a transaction from a business customer. The company's U.S. delivery volumes were weaker than expected in the first quarter of 2023, and management accordingly lowered its full-year revenue and margin expectations.
Source Fool.com
United Parcel Service Inc. Stock
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 157 € shows a positive potential of 36.33% compared to the current price of 115.16 € for United Parcel Service Inc..
