Is This the Next Stock Buffett Could Buy?
Investors always anticipate Warren Buffett's stock picks. His holding company, Berkshire Hathaway, has beaten the market by a wide margin over its decades, and his sound advice and deep wisdom have guided many an investor toward success.
But he doesn't always get everything right, and he'll be the first to admit his mistakes. He has famously said that he missed the opportunity to buy Amazon in its early stages and benefit from its run-up, but Berkshire Hathaway finally bought shares in 2019.
According to its most recent quarterly filing, Berkshire Hathaway only bought one new stock in the 2024 first quarter, insurance company Chubb. Buffett looks for undervalued stocks, and he doesn't see too many opportunities right now. At the same time, with high interest rates, it's a good time to save cash for better opportunities that might come up.
Source Fool.com
Berkshire Hathaway Inc. A Stock
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 7.26% for Berkshire Hathaway Inc. A compared to the current price of 606000.0 €.
