NNI - This Baby Berkshire Just Put Up Another Solid Earnings Report. Should You Buy Shares?
Sometimes the best investments are hidden gems, or what some might call "boring" businesses. These unloved companies are continually passed up by investors who typically prefer trending software or technology stocks. These companies can put up outstanding returns for your portfolio if you buy and hold for the long term, especially if they have adept capital allocators at the helm.
Nelnet (NYSE: NNI) fits this description really well. The small-cap conglomerate is building a Berkshire Hathaway -like business with a strong track record and a diversified set of investments in its portfolio.
Nelnet reported solid first-quarter earnings results on Tuesday, May 10. Is now the time to buy some shares? Let's take a look.
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This Baby Berkshire Just Put Up Another Solid Earnings Report. Should You Buy Shares?