3 Stocks Warren Buffett Can't Buy, but You Can
Beyond Berkshire Hathaway's well-known aversion to most tech stocks, its sheer size dictates taking large stakes in equally large companies -- otherwise the impact of its investments would be so small as to be nearly non-existent. With that in mind, three stocks that may not fit in Buffett's wheelhouse, but are well worth a look from individual investors, include data-security upstart FireEye (NASDAQ: FEYE), tech-measurement provider FormFactor (NASDAQ: FORM), and midstream energy partnership Phillips 66 Partners (NYSE: PSXP).
Tim Brugger: (FireEye): Though its stock price is down the past week, ahead of second-quarter earnings results scheduled for Aug. 1 after the close, FireEye is likely to continue its successful transformation to becoming a lean, mean, cloud-based, subscription-selling machine.
Last quarter's meager 3% jump in sales beat FireEye's own guidance and analyst expectations, but took a backseat to its recurring revenue and significant cost-cutting initiatives. FireEye's $180.8 million in operating expenses in the first quarter were still higher than its $173.7 million in revenue, but that was an impressive 29% decline. Not bad given that CEO Kevin Mandia just began FireEye's transition last summer.
Source: Fool.com
Phillips 66 Stock
The stock is an absolute favorite of our community with 22 Buy predictions and no Sell predictions.
As a result the target price of 146 € shows a slightly positive potential of 8.66% compared to the current price of 134.36 € for Phillips 66.
