Is RH Stock a Buy?
RH (NYSE: RH), the luxury home furnisher formerly known as Restoration Hardware, is a stock that Warren Buffett's Berkshire Hathaway currently owns. While it's always prudent to do your own research before deciding to make a purchase, having the Oracle of Omaha's conglomerate as a fellow shareholder is a good sign when looking for potential investments.
With a market cap at nearly $10 billion and a stock that has more than doubled over the past 12 months, RH is certainly a company that has benefited from the coronavirus pandemic as consumers turned their attention to in-home spending.
But the future is what investors care about, so is RH stock a buy?
Source Fool.com
