Warren Buffett Just Bought These Stocks
A knack for buying great stocks has made Warren Buffett one of the world's richest people, according to Forbes. That kind of success suggests it's smart to buy the same stocks he does. Fortunately, Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), discloses its latest transactions in a 13-F filing with the Securities and Exchange Commission every three months.
Its latest filing reveals that Berkshire Hathaway's established new positions in the big-cap pharmaceutical stocks AbbVie, Bristol Myers Squibb, Merck, and Pfizer. It also established new positions in T-Mobile (NASDAQ: TMUS) and Snowflake (NYSE: SNOW). Are these stocks worth adding to your portfolio? Here's why Buffett may be a fan of these companies.
Warren Buffett's interest in healthcare companies suggests he thinks healthcare demand will climb under a Biden presidency, but it may also reflect growing angst over economic sluggishness caused by COVID-19's resurgence.
Source Fool.com
