4 Stocks Buffett Seems Likeliest to Sell in 2020
When Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett makes a move, Wall Street and retail investors pay close attention. That's the sort of respect Buffett has earned after transforming $10,000 in seed capital in the mid-1950s into a net worth of more than $89 billion today.
Buffett has built up his own net worth, as well as created more than $400 billion in value for Berkshire Hathaway's shareholders, two ways. First, his company has acquired more than five dozen businesses in a variety of sectors and industries, all of which contribute to Berkshire's top and bottom lines. Secondly, the Oracle of Omaha, as Buffett has come to be known, and a small number of his team are responsible for investing Berkshire Hathaway's money into a portfolio of stocks. Right now Berkshire Hathaway holds 48 securities with an aggregate market value of $249 billion.
Although Buffett is best known for his buy-and-hold ethos, it's not uncommon for new companies to be added, or existing positions to be pared or completely sold out of. While it's always a mystery as to what Buffett and his team will sell next, the following four stocks appear the likeliest to get the heave-ho at some point in 2020.
Source Fool.com
