Warren Buffett Just Sold These 2 Stocks, Even Though He Still Loves One of Them
We typically don't find out about the stocks Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) bought and sold until the company files its 13-F with the SEC. For the first quarter of 2023, 13-F filings aren't due until May 15.
However, at Berkshire's widely followed annual meeting, Warren Buffett and his team revealed two stocks the company sold during the first quarter. This was a big contributing factor to the conglomerate's stockpile of cash growing to an all-time high of nearly $189 billion.
The two stocks were sold for very different reasons and had very different outcomes for Berkshire during their time in its massive stock portfolio. Here's what they were, and why Berkshire sold each of them.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€571,000
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Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 13.84% compared to the current price of 571000.0 € for Berkshire Hathaway Inc. A.
