2 Warren Buffett Stocks That Could Go Parabolic
Investors do not typically associate Warren Buffett and his team at Berkshire Hathaway with stocks that could go parabolic. Berkshire typically buys better-known positions like Apple, Coca-Cola, and American Express with a value mentality rather than a hope of finding the next great growth stock.
Still, investors must remember that Buffett has handed some of the decision-making to lieutenants with more of a growth philosophy. You can find some growth stocks in the portfolio, like Snowflake (NYSE: SNOW) and StoneCo (NASDAQ: STNE), which could see massive gains in a bull market.
Berkshire made its first investment before the company's 2020 initial public offering (IPO), eventually acquiring more than 6.1 million shares. Knowing that, Snowflake was almost certainly chosen by Buffett's lieutenants since he has always spoken negatively about buying IPO stocks.
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 15.45% for Berkshire Hathaway Inc. A compared to the current price of 563000.0 €.
