Warren Buffett made strategic moves in Q3, with Wall Street favoring some trades.

From Nasdaq: 2024-11-27 05:52:00

Warren Buffett advised kids to go to Wall Street to make money but joked that monkeys could pick stocks better. Analysts disagreed with most of his Q3 trades, especially selling Apple, Nu Holding, and Ulta Beauty. However, Wall Street favored his buys in SiriusXM Holdings and Domino’s Pizza, with potential upside targets. Buffett’s smartest move in Q3 was exiting Floor & Decor Holdings, aligning with analyst views. Buffett’s decision to increase Berkshire’s cash position is seen as strategic, aligning with his value investing philosophy for future opportunities. An opportunity to invest in potential high-growth stocks with a “Double Down” recommendation is being offered, citing past successful picks like Nvidia, Apple, and Netflix. Analyst Keith Speights has positions in Apple and Berkshire Hathaway, and The Motley Fool has positions and recommendations for various companies mentioned.



Read more at Nasdaq: Warren Buffett’s Smartest Move in Q3, According to Wall Street