This Warren Buffett Stock Just Removed a Major Roadblock And Could Rise 31% in 2024, According to Wall Street
For investors who love stability and dividend growth, Warren Buffett's current portfolio is a great starting point. At the current moment, one particular name, which just initiated its first dividend, appears to be taking off.
The stock also just had a major technical overhang removed, and seems to be responding accordingly. Even more encouraging? One Wall Street analyst thinks the stock can move as much as 31% higher in the coming year.
Buffett or one of his investing lieutenants, Todd Combs or Ted Wechsler, first bought T-Mobile (NASDAQ: TMUS) in the third quarter of 2020 for the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio. That was just two quarters after T-Mobile successfully closed on the acquisition of fourth place telecom Sprint, forming the combined entity into a new industry powerhouse.
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 9.24% for Berkshire Hathaway Inc. A compared to the current price of 595000.0 €.
