2 Warren Buffett Stocks to Buy
These undervalued stocks are among the holdings in Berkshire Hathaway today.
Earlier this week, Berkshire Hathaway (BRK.A) (BRK.B) released its first-quarter 13-F. Morningstar’s resident Berkshire specialist Gregg Warren noted that the firm was a net seller of equities during the quarter--most notably, offloading much of its long-held position in Wells Fargo (WFC). “At this point, it looks like Bank of America (BAC), which has not been mired in the scandals that have plagued Wells Fargo, will be at the forefront of Berkshire's bank holdings,” he adds. In fact, while Berkshire has been winnowing down its bank stake during the past year, it’s been adding to its BofA position. Additional sales during the first quarter included Chevron (CVX), Synchrony Financial (SYF), and Suncor Energy (SU), among others.
Susan Dziubinski does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.