When investors across the world panicked over the past couple weeks, Berkshire Hathaway’s (NYSE:BRK.A) Warren Buffett did what has made him a mega-billionaire — that is, he went on the hunt for bargains. In fact, he is not even convinced the U.S. is headed for a recession. OK, so what is Buffett buying?
He has not disclosed any positions. But we’ll get an idea when the next SEC filings are released. Yet it would be reasonable that Buffett has been adding to his existing holdings, especially those companies that are sporting strong dividends. Here are some possibilities: Wal-Mart (NYSE:WMT), Wells Fargo & Company (NYSE:WFC), ConocoPhillips (NYSE:COP) and General Electric (NYSE:GE).
Source: Investor Place
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Buffett's Been Bargain-Hunting For High-Dividend Stocks
Posted by D4L | Saturday, August 20, 2011 | ArticleLinks | 0 comments »________________________________________________________________
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