What does Warren Buffett buy?

What does Warren Buffett buy?

What?

This week, Warren Buffetts Berkshire Hathaway Inc. revealed three stock acquisitions that it kept in secret. The holding company bought the stocks of American energy corporation Chevron, insurance brokerage Marsh and McLennan, and Verizon Communications Inc. It also increased investments in AbbVie Inc by 20%, Bristol-Myers Squibb Company by 11%, and Merck Co, Inc by 28%. The announcement pushed the stocks of these companies up. At the same time, Warren Buffets company cut its holdings in Apple by 6%. Another big change made by Berkshire Hathaway is a 59% cut in exposure to Wells Fargo Co.

What does it mean for the stocks?

The stock of Apple reacted negatively to this news. Just in few days, it dropped from the 137.4 level to the support at 127. Despite this fact, it worth mentioning that Apple is still the largest investment of Berkshire Hathaway Inc. Thus, the downfall may be short-lived.

What does Warren Buffett buy?

As for Wells Fargo stock, the change in Mr. Buffetts portfolio did not affect its performance. The stock surged to 37.6 on Wednesday, driven by the news about Wall Streets lone bear, J.P. Morgan analyst Vivek Juneja, who said WFC is no longer a sell and changed his stock rating from underweight to neutral.

What does Warren Buffett buy?

Want to be like Warren Buffett and buy/sell the biggest companies stocks?

  1. First of all, be sure youve downloadedMetatrader 5orForex Trader app.Forex allows you to trade stocks only through this software.
  2. Open the MT5 account in yourpersonal area(an account inForex Trader).
  3. Start trading!
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Source: https://fbswiki.com/what-does-warren-buffett-buy-00031425
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