ODFL - 3 Stocks Warren Buffett Would Love
There are a few things we know about Warren Buffett . First, he loves buying companies that pay him dividends. Second, he has favored what most would consider boring businesses. Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) portfolio is full of things like banks, railroads, and consumer items that people buy through all economic cycles
Buffett has also said that he could generate much higher returns if he was putting less cash to work. There are probably many companies he would like to buy stock in that are too small to move the needle on his overall returns. It's why he has called the huge pile of cash on his company's balance sheet his "elephant gun." The implication is that he has to target large game -- in other words, large-cap companies. With that in mind, let's look at Jack Henry & Associates (NASDAQ: JKHY) , Rollins (NYSE: ROL) , and Old Dominion Freight Lines (NASDAQ: ODFL) , three mid-cap companies that may be too small for his wish list but just right for yours.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
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3 Stocks Warren Buffett Would Love