Why Exelixis Wouldn't Be a Warren Buffett Stock
Warren Buffett is without question one of the greatest investors of all time. His track record at Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) (and even before Berkshire) proves it. Exelixis (NASDAQ: EXEL) is one of the greatest winners in the stock market in recent history. Its stock-price appreciation proves it -- with gains of 1,500% in just three years.
Would one of the greatest stock market winners be a likely pick for one of the greatest investors? Actually, no. Exelixis wouldn't be a Warren Buffett stock right now -- and possibly never would. Here are three reasons why.
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Source: Fool.com
