1 Warren Buffett Stock Up 27% in 1 Year
Berkshire Hathaway, the huge conglomerate that boasts legendary investor Warren Buffett as its chief executive officer, owns dozens of individual stocks in its public equities portfolio. There's one dominant business that investors should pay attention to, even though it represents just 1% of the value of Berkshire's holdings.Its shares are up 27% during the past 12 months (as of May 1), which is significantly higher than the 11% rise of the S&P 500 index (SNPINDEX: ^GSPC) over that same time period. There's a lot to appreciate about this company because it's clearly doing something right. Continue reading to learn more about the business and whether this financial stock should be in your portfolio. Continue reading
Berkshire Hathaway, the huge conglomerate that boasts legendary investor Warren Buffett as its chief executive officer, owns dozens of individual stocks in its public equities portfolio. There's one dominant business that investors should pay attention to, even though it represents just 1% of the value of Berkshire's holdings.
Its shares are up 27% during the past 12 months (as of May 1), which is significantly higher than the 11% rise of the S&P 500 index (SNPINDEX: ^GSPC) over that same time period. There's a lot to appreciate about this company because it's clearly doing something right.
Continue reading to learn more about the business and whether this financial stock should be in your portfolio.
