5 Reasons This Warren Buffett Stock Is Still a Buy
Not only is STORE Capital (NYSE: STOR) in Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) stock portfolio, but it's the only real estate investment trust (REIT) the Warren Buffett-led conglomerate has chosen to put its own capital into.
STORE Capital significantly underperformed the S&P 500 in 2021, with a total return of about 6% for the year versus 29% for the S&P 500 with just a few days left in the year. In a nutshell, STORE rebounded sharply from its COVID-19-fueled decline in late 2020, so much of the upside related to vaccines and the gradual easing of pandemic-era restrictions was already priced in at the start of the year.
However, despite the recent underperformance, I think STORE Capital is still a great stock to add to any portfolio, for five key reasons.
Source Fool.com
