Could Warren Buffett and Berkshire Hathaway Be Buying PayPal Shares Right Now?
Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) have a lot of money sitting around right now, around $152 billion to be exact. While they could use this money for an acquisition, they also may purchase shares in a few companies if they believe the investment opportunity was right.
That got me thinking, "What might Berkshire be buying shares in?" After looking at what stocks fit the bill of what Berkshire typically invests in, digital payments company PayPal (NASDAQ: PYPL) came to mind.
So why might Buffett and company be buying PayPal shares?
Source Fool.com
Berkshire Hathaway Inc. A Stock
€601,500
1.090%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 8.06% compared to the current price of 601500.0 € for Berkshire Hathaway Inc. A.
