$45 Billion of Warren Buffett's Portfolio Is Invested in 2 Stocks That Could Soar More Than 20% Over the Next 12 Months, According to Wall Street
Warren Buffett doesn't concern himself about short-term stock moves. He focuses on the long term. The legendary investor once stated, "If you aren't thinking about owning a stock for 10 years, don't even think about owning it for 10 minutes."
I suspect Buffett still likes to see the stocks he owns perform well over the short term, too. And analysts predict great things for at least a couple of his largest holdings. Roughly $45 billion of Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio is invested in two stocks that could soar more than 20% over the next 12 months, according to Wall Street.
Bank of America (NYSE: BAC) ranks as Berkshire's second-largest position, making up more than 8% of its total portfolio. Berkshire's stake in the big bank is currently worth close to $27.4 billion.
Source Fool.com
Berkshire Hathaway Inc. A Stock
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