4 Stocks That Warren Buffett Might Put On His Shopping List
By Hawkinvest:Warren Buffett of Berkshire Hathaway is a legendary value investor who has made fortunes in the stock market for himself and his Berkshire Hathaway (BRK.B) shareholders. A recent Bloomberg article sums up the fact that Berkshire has billions in cash and Warren Buffett is now seeking new companies to either invest in or buyout. The article states:
Berkshire is seeking "to purchase some large operations that will give us a further boost," the billionaire said in his annual letter to shareholders included in the report. "We now have eight subsidiaries that would each be included in the Fortune 500 were they stand alone companies. That leaves only 492 to go. My task is clear, and I'm on the prowl."
Buffett has assembled a team of investment specialists who are helping him seek out new potential additions to the Berkshire portfolio. In recent months, Berkshire has made investments in Intel (INTC),Complete Story »