Warren Buffett Just Bought This Exciting Growth Stock
Warren Buffett's investing career spans seven decades. At 91 years old, his investing philosophies continue to drive Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) to market-beating returns. So when the Oracle of Omaha makes a move on a stock, it's smart to pay attention.
A recent regulatory filing, which shows the stocks Berkshire Hathaway bought and sold in 2022's first quarter, revealed a new stake in innovative digital bank Ally Financial (NYSE: ALLY). Berkshire bought up 8.9 million shares, representing a 2.8% stake in the company, and the position is worth approximately $346 million at the current share price.
Here's why investors should consider following Buffett's lead on this stock.
Source Fool.com
