Buying This Warren Buffett Stock Could Be a Brilliant Move Right Now
Where is Warren Buffett channeling most of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) money these days? U.S. Treasury bills. Berkshire's investments in Treasurys totaled nearly $122 billion at the end of the second quarter.
Buffett was also a net seller of stocks in Q2 to the tune of close to $8 billion. This, combined with the large Treasury bill stockpile, provides a big clue that the famous investor doesn't think there are many attractive stocks to buy these days.
However, "many" doesn't mean "any." The Oracle of Omaha has identified a handful of stocks that he likes. I think one of them especially stands out. Buying this Buffett stock could be a brilliant move right now.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€602,000
0.080%
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 €.
