The first month of 2016 is in the books, and the markets didn't perform too well. If you're like me, you spent a lot of your time watching your portfolio decline in value. However, one of the secrets to successful long-term investing is that you should love when stocks drop like this, as it creates an opportunity to set yourself up with great long-term investments at a discount. With that in mind, here are three of Warren Buffett's favorite stocks that are on sale right now...
Wells Fargo (NYSE:WFC) has been a longtime Buffett favorite. Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) owns an 8.6% stake in the bank, which is currently worth more than $22 billion, and it's not hard to see why. International Business Machines (NYSE:IBM), or IBM is in the middle of a rather lengthy turnaround, and it appears that investors are growing impatient. Shares have lost more than 40% of their value since their 2013 highs, and got smacked down again after the company's 2016 guidance failed to impress. General Motors (NYSE:GM) has been the worst performer of the three stocks discussed here, down by 16% year-to-date as of this writing. It is also Buffett's smallest holding of the three -- Berkshire's 3% stake represents an investment of "only" $1.4 billion.
Source: Motley Fool
Related Articles:
- 4 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
- 9 Dividend Stocks With A 10%+ Dividend Growth Rate
- 3 Styles Of Successful Dividend Investing
- Why Dividend Growth Stocks Are Evil
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
-
Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to re...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.