
And if revenue growth and earnings hold up, it will look very attractive.
Instead of purchasing shares on the public market, Berkshire Hathaway bought 18.9 million shares of common stock in a private placement, giving Buffett ownership of nearly 10% of the company…
At current valuations, it just doesn’t make any sense to buy them…
If we had a “conviction buy list” it would be at the top of that list…
The company’s business is growing far faster than the average stock in the S&P 500, yet shares trade at a healthy discount to the market…
Here’s my advice during a volatile period…
With average annual returns of 21.6%, it beats the S&P 500 by 2-to-1…
Beyond its high yield, there isn’t much reason to own it today…
In short, many of them don’t have the financial fundamentals to back up their big moves…