3 Warren Buffett Stocks to Buy Hand Over Fist in August
Warren Buffett's understanding of how the stock market works is still second to none. That's the chief reason why -- after a short hiatus during and because of the COVID-19 pandemic -- Berkshire Hathaway is once again outperforming the overall market. You'd be wise to poach a few of Buffett's picks when you can.
To this end, here's a closer look at three of the top Buffett picks to start with sooner rather than later.
Anyone keeping tabs on Buffett or Bank of America (NYSE: BAC) of late probably already knows that Berkshire's been selling off sizable chunks of its BofA holding. As of the latest look, he's sold roughly $3 billion worth of the bank's stock just since mid-July, leaving behind nearly 962 million shares worth around $40 billion. Both figures could be smaller by the time you're reading this though; we'll know for sure on Saturday, Aug. 3, when Berkshire Hathaway is scheduled to report its second-quarter results.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
