Invest Alongside Warren Buffett in These Black Friday Stocks
If you're interested in buying top stocks that benefit from consumer spending over the holidays, you might want to follow in Warren Buffett's footsteps. Buffett is famous for picking stock market winners, and his investments in Costco Wholesale (NASDAQ: COST), Synchrony Financial (NYSE: SYF), and Visa (NYSE: V) put him in a position to profit handsomely from the holiday shopping season. Are these stocks smart buys for your portfolio?
Warren Buffett captured headlines when he significantly reduced Berkshire Hathaway's exposure to Wal-Mart (NYSE: WMT) this past year, but he seems to be a happy Costco Wholesale shareholder. He's a longtime owner (his business partner, Charlie Munger, sits on Costco Wholesale's board of directors) and as of September, Berkshire Hathaway owned 4.3 million shares of Costco worth roughly $750 million.
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Source: Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
With a target price of 279 € there is a slightly positive potential of 11.85% for Visa Inc. A compared to the current price of 249.45 €.
