Here's My Top Value Stock to Buy Right Now
It may be a no-brainer to buy what Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett's buying. Doesn't this necessarily mean investors ought to sell whatever the Oracle of Omaha is selling? It's an odd question, but one that current and prospective HP Inc. (NYSE: HPQ) stockholders must consider.
At the end of the day, investors must assess value stocks on their own merits. It's uncomfortable, I'll admit, to identify a stock that Buffett's company is quickly divesting as my top value stock to buy right now. Yet, if Buffett truly prioritizes value and income opportunities, maybe he ought to consider adding to his share position in HP instead of reducing it.
Buffett's followers may have already heard that Berkshire Hathaway recently sold 3 million HP shares after having already sold 5 million shares. With that, Berkshire's stake in HP declined to 10%.
Source Fool.com
HP Inc. Stock
We see a rather positive sentiment for HP Inc. with 13 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 32 € is below the current price of 33.38 € for HP Inc., so the potential is actually -4.13%.
