From Nasdaq: 2024-05-16 20:08:00

At the Berkshire Hathaway annual meeting, Warren Buffett shared valuable insights, emphasizing the importance of compounding and recommended reading top investment books like Ben Graham’s “The Intelligent Investor.” Stocks on Berkshire’s radar include Alphabet, Sony, Union Pacific, Visa, and Mastercard. Each company exhibits strong fundamentals and attractive valuations, aligning with Buffett’s investing philosophy. With Berkshire holding $182 billion in cash, these stocks could be potential buys.

Alphabet (GOOGL) is characterized by strong moats and cash flow, with shares trading at historic discounts. Sony (SONY) boasts diversified businesses and value metrics, including a low forward P/E. Union Pacific (UNP) stands out for its longstanding dividend track record and expected earnings growth. Meanwhile, Visa (V) and Mastercard (MA) showcase consistent earnings growth, with Berkshire holding positions in both companies.

In this week’s podcast, Tracey shares more insights from the Berkshire meeting and discusses potential investment opportunities that align with Buffett’s strategies. Additionally, Zacks offers a special membership trial for $1, providing access to exclusive stock picks and portfolio services like Surprise Trader and Technology Innovators. Don’t miss this opportunity to explore Zacks’ top recommendations and investment strategies.



Read more at Nasdaq: Warren Buffett’s Best Tips from the 2024 Berkshire Annual Meeting