2 Stocks Warren Buffett Would Love
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the conglomerate led by billionaire investor Warren Buffett, certainly has some money to invest. At the end of the second quarter, Berkshire had more than $146 billion of cash and equivalents on its balance sheet -- even when you consider Buffett likes to keep at least $20 billion on hand, that's a ton of buying power.
What's more, it looks like the Oracle of Omaha might finally be ready to start putting money to work. So far in the third quarter, Berkshire has completed a $10 billion (including debt) acquisition of natural gas assets to add to its energy business, and has invested more than $2 billion to increase its Bank of America (NYSE: BAC) stake.
And while we have no idea what stocks Buffett and his stock-pickers might be considering, two stocks that could be excellent additions to Berkshire Hathaway's portfolio are Realty Income (NYSE: O) and Lemonade (NYSE: LMND).
Source Fool.com
