These 3 Warren Buffett Stocks Have a Lower Price-to-Earnings Than the S&P 500. Time to Buy?
Warren Buffett is one of the most closely followed investors in the world. The CEO of Berkshire Hathaway employs a simple investing strategy.
Buffett takes positions in large, blue-chip companies that have built some of the most recognizable brands worldwide. Moreover, these businesses typically generate steady, consistent cash flow and reward investors in the form of dividends or share buybacks.
The three stocks explored below have more in common than just being part of Buffett's portfolio. Each stock trades at a lower price-to-earnings (P/E) multiple than the S 500. Do these discounts to the broader market suggest there is some potential for value investors? Let's dig in and find out.
Source Fool.com