Here Are 3 American Companies on Warren Buffett's Balance Sheet. Are They a Buy?
Recently raised import and export tariffs are putting a premium on stocks of companies that can sidestep these rising costs.
It's a tough time to be excited about investing in U.S. companies. They're not just caught in the crossfire of a tariff war that will make it more expensive to do international business. These same tariffs will almost certainly inflate consumer prices. Neither is good for the domestic or the global economy.
The fact that Warren Buffett -- arguably the best-known icon of American capitalism -- remains a big fan of this country and the opportunities it still offers, however, speaks volumes. As he explained earlier this month in the wake of growing tariff-prompted volatility, "We've gone through all kinds of things -- great recessions, world wars, the development of the atomic bomb that we never dreamt of when I was born. So I would not get discouraged about the fact that we haven't solved every problem that's come along." He concludes, "If I were being born today, I would just keep negotiating in the womb until they said I could be in the United States. We're all pretty lucky."
And he's putting his money where his mouth is, so to speak. His Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio continues to hold stakes in several patently American outfits that might be worth your consideration as well. Here's a closer look at three of them.
