Is It Time to Buy Warren Buffett's Lowest-Priced Stock?
Berkshire Hathaway CEO Warren Buffett is the smartest investor of his generation, but behind his brilliance is the foundation of common sense. For example, when asked why he mostly avoided the technology sector during the dot-com era, he replied because he "didn't understand it."
In recent years, he's reconsidered this decision. First by hiring younger investment managers Ted Weschler and Todd Combs for their knowledge and by brushing up on the sector himself. Now Berkshire has billions invested in technology companies.
However, not all investments in the technology sector have put up the type of returns that have defined Buffett's career. In fact, Berkshire's lowest-priced stock is a consumer technology name. Is it time to invest in Buffett's lowest-price stock or avoid it altogether?
Source Fool.com
