Down 31%, Should You Buy This Warren Buffett Stock Right Now?
Despite being a seller in recent times, Berkshire Hathaway owns numerous stocks in its huge $290 billion public equities portfolio. While Apple, American Express, and Coca-Cola get a lot of the attention, there are lesser-known businesses that investors shouldn't ignore.For example, the Oracle of Omaha's conglomerate has owned one financial technology enterprise since December 2021. Its shares might be down 31% from their all-time record, but should you still buy this Warren Buffett stock right now?Buffett's investment philosophy focuses on established companies that are leaders in their respective industries. That's why it might be a surprise that Berkshire owns 0.8% of the outstanding shares of Nu Holdings (NYSE: NU), the digital banking powerhouse that offers various financial services products in Brazil, Colombia, and Mexico.Continue reading
Despite being a seller in recent times, Berkshire Hathaway owns numerous stocks in its huge $290 billion public equities portfolio. While Apple, American Express, and Coca-Cola get a lot of the attention, there are lesser-known businesses that investors shouldn't ignore.
For example, the Oracle of Omaha's conglomerate has owned one financial technology enterprise since December 2021. Its shares might be down 31% from their all-time record, but should you still buy this Warren Buffett stock right now?
Buffett's investment philosophy focuses on established companies that are leaders in their respective industries. That's why it might be a surprise that Berkshire owns 0.8% of the outstanding shares of Nu Holdings (NYSE: NU), the digital banking powerhouse that offers various financial services products in Brazil, Colombia, and Mexico.
