Warren Buffett Just Bought 1 Stock Wall Street Thinks Could Soar Over 40%
Warren Buffett doesn't like many stocks these days. But many doesn't mean any.The multibillionaire investor added to Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) positions in five existing stocks during the fourth quarter of 2024. He also initiated a new position in one stock. Buffett has never cared about what analysts think. However, many on Wall Street seem to agree with his latest pick and believe it could soar more than 40% over the next 12 months.Berkshire bought over 5.6 million shares of Constellation Brands (NYSE: STZ) in Q4. At the end of 2024, this position was worth roughly $1.24 billion. Continue reading
Warren Buffett doesn't like many stocks these days. But many doesn't mean any.
The multibillionaire investor added to Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) positions in five existing stocks during the fourth quarter of 2024. He also initiated a new position in one stock. Buffett has never cared about what analysts think. However, many on Wall Street seem to agree with his latest pick and believe it could soar more than 40% over the next 12 months.
Berkshire bought over 5.6 million shares of Constellation Brands (NYSE: STZ) in Q4. At the end of 2024, this position was worth roughly $1.24 billion.
