1 "Magnificent Seven" Stock Warren Buffett Might Buy Soon
The "Magnificent Seven" is a group of stocks that have led the market since early 2023. However, they've also gotten quite expensive, so it doesn't make sense for a value investor like Warren Buffett and his team at Berkshire Hathaway to buy them.
Still, there's one that Buffett and Berkshire might be eyeing: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). On the surface, this may seem like a stock Berkshire wouldn't own, but after some digging, it's clear that Alphabet is a stock they would consider buying.
Alphabet is probably better known for the companies under its umbrella: Google, YouTube, Android, and others. While news headlines may tell you that Alphabet is losing the AI race (which may be true), at its core, Alphabet is just an advertising business. In the fourth quarter, 76% of revenue came from the ad segment.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 79 Buy predictions and no Sell predictions.
As a result the target price of 162 € shows a slightly positive potential of 3.55% compared to the current price of 156.44 € for Alphabet Inc. A.
