Warren Buffett Just Bought 4 Stocks. Here’s the Best of the Bunch.
From Nasdaq: 2024-11-19 05:41:00
Warren Buffett continues to sell stocks, but bought shares in four companies in Q3. Berkshire Hathaway initiated new positions in Domino’s Pizza and Pool Corporation, while increasing holdings in Heico and Sirius XM. Heico outperformed the others this year, but Sirius XM has the best growth prospects.
Buffett’s recent buys have varying valuations and growth expectations. Sirius XM has the lowest forward P/E ratio and highest earnings growth projections. Analysts predict Domino’s and Pool to have moderate growth, while Heico lags behind. Sirius XM also offers the highest dividend yield among the four stocks.
While Domino’s is a solid long-term investment, Sirius XM stands out among Buffett’s recent purchases for income and value investors. However, it may not be the best overall stock in Berkshire’s portfolio. Analysts have mixed opinions on the future performance of these stocks.
Investors can’t afford to miss out on potentially lucrative opportunities with “Double Down” stock recommendations. Nvidia, Apple, and Netflix have all delivered impressive returns after being flagged as “Double Down” picks. Now, three new companies are being recommended for investors looking to capitalize on future growth.
Disclaimer: John Mackey and Keith Speights have positions in Amazon, Apple, and Berkshire Hathaway. The Motley Fool recommends and has positions in Amazon, Apple, Berkshire Hathaway, Domino’s Pizza, and Heico. The author’s views do not necessarily reflect those of Nasdaq, Inc.
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