Warren Buffett Owns 1 Telecom Giant. Why That Stock Should Continue to Soar.
Throughout Warren Buffett's investment history, Berkshire Hathaway's investment portfolio has included all three major U.S. telecom companies. Dividend payments, a steady stream of revenue, and a reasonable valuation could have been reasons that Buffett's took an interest in these stocks.Today, Berkshire only holds one telecom stock in its portfolio. Fortunately, it was the one offering the highest returns. Moreover, this stock should continue surging higher as customer count and service offerings increase.Today, T-Mobile (NASDAQ: TMUS) is the only telco in Berkshire's portfolio.Continue reading
Throughout Warren Buffett's investment history, Berkshire Hathaway's investment portfolio has included all three major U.S. telecom companies. Dividend payments, a steady stream of revenue, and a reasonable valuation could have been reasons that Buffett's took an interest in these stocks.
Today, Berkshire only holds one telecom stock in its portfolio. Fortunately, it was the one offering the highest returns. Moreover, this stock should continue surging higher as customer count and service offerings increase.
Today, T-Mobile (NASDAQ: TMUS) is the only telco in Berkshire's portfolio.
