3 Buffett Stocks to Buy More of in August
Warren Buffett's value-oriented "forever" approach to selecting stocks may not be everyone's style. There's no denying, however, he's a superb stock picker. Shares of his conglomerate, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), have a long-term track record of growth that proves it. You'd do well to mimic a few of his picks and hold on to them for as long as he does.
Here's a closer look at three stocks Buffett has added to the Berkshire portfolio that you might want to step into (or buy more of) before August comes to a close.
You may be more familiar with Mondelez International (NASDAQ: MDLZ) than you think. This is the parent to several popular food brands like Oreo cookies, Philadelphia cream cheese, Ritz crackers, and Cadbury chocolate, just to name a few. It used to be called Kraft Foods, before Kraft Foods spun off what would become Kraft Foods Group back in 2012 and simultaneously changed its name to Mondelez, acknowledging its (very) international presence.
Source Fool.com
Mondelez International Inc. A Stock
With 17 Buy predictions and not the single Sell prediction the community is currently very high on Mondelez International Inc. A.
As a result the target price of 74 € shows a slightly positive potential of 13.69% compared to the current price of 65.09 € for Mondelez International Inc. A.
