1 No-Brainer Warren Buffett Stock to Buy With $100 Right Now
There's little question that Berkshire Hathaway CEO Warren Buffett is on the short list of the most successful investors ever. In over five decades at the helm of the company, the legendary investor has shown his staying power. During his 58-year tenure, the so-called "Oracle of Omaha" has helped Berkshire Hathaway stock climb nearly 20% annually and, in all, has soared a mind-boggling 3,787,464%. Given the results, investors could do worse than following his example.
One Berkshire Hathaway holding that looks particularly appealing right now is Ally Financial (NYSE: ALLY). The uncertain economic environment has weighed on auto loans, which comprise a large part of the bank's business. As a result, the stock is still down nearly 50% from its peak and is currently selling for less than $30 per share. Berkshire Hathaway continues to hold nearly 10% of Ally's outstanding stock. Let's look at what investors may be missing that makes this a no-brainer stock to buy with $100 right now.
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Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 12.95% for Berkshire Hathaway Inc. A compared to the current price of 575500.0 €.
