Investing magnate and Berkshire Hathaway CEO Warren Buffett used his cash reserves in a big way over the third quarter, investing $23.9 billion, the biggest move for his company in at least 15 years. Could this signal an oversold market?
Berkshire's investments were filed on November 4; among the big moves were "$6.9 billion of equities, $5 billion for preferred shares and warrants in Bank of America and the acquisition of Lubrizol for about $9 billion," according to Bloomberg. Berkshire also disclosed new stakes in MasterCard (MA) and retailer Dollar General (DG), although Berkshire has not yet disclosed its full third-quarter stocks statement. "We're ready to buy lots of things," Buffett told Bloomberg Television's Betty Liu on Sept. 30. "If the stock is cheap, we will buy it."
Source: Motley Fool
Related Articles:
- 10 Stocks With 100+ Years of Dividend Payments
- 10 Dividend Stocks With Above Target Returns
- 5 Dividend Stocks Trading Below Fair Value
- 8 Dividend Stocks Covering Their Dividend
- 7 Low-Debt High-Rated Dividend Stocks
Buffett Builds Up Stock Positions
Posted by D4L | Tuesday, November 15, 2011 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.