Warren Buffett's Best-Performing Stock of 2023 Is a Screaming Buy
Warren Buffett holds a lot of great stocks in his portfolio for Berkshire Hathaway.
He has some big winners in 2023, including a massive stake in Apple (up 41% year to date) and a small stake in Amazon (up 61%). But one company's stock has increased in value much faster than those tech giants. A small financial technology company. The shares have more than doubled so far this year.
It hasn't been an easy ride for Buffett. His company first acquired shares of the fast-growing fintech before its initial public offering (IPO). And while the shares quickly climbed in price after its market debut, they started falling along with the rest of the market in 2022. At one point, the stock was worth about a quarter of its all-time high. And while the share price has come roaring back in 2023, it still trades below the IPO price.
Source Fool.com
Berkshire Hathaway Inc. A Stock
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.
