Warren Buffett Won't Buy This Stock, but You Can
When Warren Buffett invests, people pay attention. His holding company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), owns shares in dozens of companies as well as parts of or whole companies themselves, and it has amassed fabulous wealth for Buffett and his investors.
Buffett has a very specific investment strategy focused on value investing, or buying shares of companies that are undervalued relative to their intrinsic worth. Many of Berkshire's latest holdings are in companies you know and use every day, such as Coca-Cola and American Express. These companies are usually mature and trade at low valuations. High-growth companies that aren't yet profitable or trade at expensive valuations usually don't make it into Berkshire Hathaway's portfolio. Smaller companies usually don't make the cut because they aren't big enough yet to make a material difference to Berkshire's bottom line. If Berkshire was interested in a small company, it would more likely just buy it outright than buy shares.
It's for these reasons that Buffett and Berkshire likely won't be buying shares of Global-e Online (NASDAQ: GLBE) anytime soon. But you can. And maybe you should.
Source Fool.com
