Is This High-Yield Stock a Way for You to Copy Buffett's Latest Acquisition?

Investors love to watch and analyze the big moves that Warren Buffett makes with Berkshire Hathaway. Sometimes, however, the transactions that occur with Buffett's investment vehicles aren't headline-grabbing events. While a small decrease in the company's investment in Bank of America has made huge headlines this year, there was much less fanfare when it bought out Pilot Travel Centers earlier in 2024.

Pilot Travel Centers operates a chain of largely highway-based truck stops. They sell gas and other convenience items. There are around 650 travel centers and about 75 fuel-only locations across 44 U.S. states and five Canadian provinces.

The company's travel centers use the names Pilot and Flying J. It also operates a wholesale fuel and fuel marketing businesses in the United States. Berkshire Hathaway includes the company within its energy division.

Continue reading


Source Fool.com