This Buffett Stock Just Revealed Its Coronavirus Plan
Millions of investors follow Warren Buffett's moves very closely. In looking at the stocks that Buffett makes part of the investment portfolio at insurance giant Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), you can learn a lot about his investing style and get some ideas about which companies are likely to outperform their rivals in their respective industries.
When upscale luxury home furnishings retailer RH (NYSE: RH) became part of the Berkshire portfolio a short while ago, many investors were surprised. Yet RH's effort to build a unique brand identity through a membership-based business model has helped the company convert on a massive turnaround from near-bankruptcy. Even though RH's fourth-quarter financial report left some things to be desired, the company has a lot of optimism about its future, and it has a plan about how to make it through the coronavirus crisis with plenty of chances for success down the road.
Image source: RH.
Source Fool.com
