This Ridiculously Cheap Warren Buffett Stock Could Make You Richer
Don't let its recent heroic run-up fool you. This consumer staples stock still has plenty of long-term upside left to dish out.
Worried about the market's foreseeable future? If so, you're not alone. The S&P 500 (SNPINDEX: ^GSPC) is down on the order of 16% from February's high on concerns that recently imposed U.S. import tariffs could take a lasting toll on the global economy. And maybe they will.
This dynamic doesn't necessarily make all stocks un-ownable, though. Indeed, what works against some tickers can be a boon for others.
Investors looking to capitalize on the market's recent volatility might want to borrow an idea from Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio. Berkshire's been quietly sitting on a $3.7 billion position since late 2019, knowing the day of reckoning that would turn this ticker into a shining star was coming sooner or later.
