GOLD - 3 Warren Buffett Stocks Worth Buying Now
Studying Warren Buffett's portfolio for investment ideas requires that investors differentiate between companies that remain a buy and the stocks Berkshire Hathaway owns for other reasons. It makes sense for Berkshire to hold its 400 million shares of Coca-Cola as it receives $656 million in annual dividends from an initial $1.3 billion investment. However, new buyers may not want to pay 23 times forward earnings when non-GAAP profits increased by only 1% last year.
Still, Buffett's portfolio also contains numerous growth stocks that remain buys for today's new investors. Investors looking for such companies should consider Berkshire holdings like Barrick Gold (NYSE: GOLD) , DaVita (NYSE: DVA) , and StoneCo (NASDAQ: STNE) . Let's take a closer look at these companies to learn why they remain compelling buys.
Berkshire's purchase of just over 20.9 million shares of Barrick Gold is a recent acquisition. Gold stocks tend to glitter in times of high gold prices and lose their luster when gold prices plummet. Since Buffett has criticized gold investments in the past, it is likely one of his top lieutenants believes gold has entered another bull market.
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3 Warren Buffett Stocks Worth Buying Now