3 Buffett Stocks That Are Historically Cheap
When Warren Buffett speaks, Wall Street listens. That's because the CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has generated more than $81 billion in wealth for himself and well over $400 billion for Berkshire's shareholders over the course of many decades.
Buffett's investing strategy, while relatively simple, has proved exceptionally effective. By focusing on just a few sectors of the market, Buffett aims to buy into brand-name businesses that demonstrate clear competitive advantages. He then holds onto these investments for a significant period of time, allowing his thesis to come to fruition. More often than not, this leads to substantive long-term gains for the Oracle of Omaha.
As of the end of 2019, Berkshire Hathaway owned a stake in 52 securities, many of which would be considered neither pricey nor inexpensive on the valuation front. However, a deeper dive into Buffett's portfolio reveals that three of his holdings actually are valued at or very much near historically low valuations. Keeping in mind that there are a number of fundamental metrics that can be used to determine perceived value, here are three Buffett stocks that are historically cheap and may be worth a closer look by investors.
Source Fool.com
