3 Stocks Warren Buffett Should Buy Right Now
Warren Buffett is easily one of the greatest investing minds of our generation. Aptly nicknamed the "Oracle of Omaha," Buffett has grown his own net worth from around $10,000 in the mid-1950s to nearly $87 billion as of this past weekend. Further, Buffett's company, Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), has created more than $400 billion in market value for its shareholders over the years, which isn't too shabby.
Buffett continues to make money for himself and his investors two ways. First, Berkshire Hathaway has acquired approximately five dozen businesses from a variety of industries and sectors that contribute to its top- and bottom-line operating results. Secondly, Buffett and his team are investors, with a current portfolio of 48 securities that's worth close to $239 billion.
However, Buffett is sitting on a record amount of cash at the moment -- $128.2 billion, to be exact -- after forgoing a major acquisition for 3.5 years, and Wall Street wants to know how the Oracle of Omaha will spend it. If I were in Buffett's shoes, here are three companies I'd consider buying outright or investing in.
Source Fool.com
