Why I Just Bought This Beaten-Down 5%-Yielding Dividend Stock
Should investors be fearful or greedy right now? Warren Buffett famously said to be the opposite of others.
Buffett has amassed a whopping $277 billion cash stockpile for Berkshire Hathaway and has been selling more stocks than he has been buying. He seems more fearful than greedy these days.
I'm going to be the opposite. I opted to put some of my cash to work in recent days. In particular, I loaded up on shares of freight and logistics giant United Parcel Service (NYSE: UPS). Here are three reasons why I just bought this beaten-down 5.1%-yielding dividend stock.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€602,000
0.250%
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 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
