2023-08-09 05:45:00 ET
Led by chairman and CEO Warren Buffett, Berkshire Hathaway is the most formidable investment holdings company in the world, with an investment portfolio valued at $364 billion.
While the company's investments are heavily weighted in just a few stocks , it holds equity stakes in dozens of businesses. The specialty home improvement retailer Floor & Decor (NYSE: FND) is one of them. Berkshire Hathaway's nearly 4.8 million-share position is worth just shy of $500 million.
This raises the following question: Is Floor & Decor stock a buy for growth investors? Let's inspect the retailer's fundamentals and valuation to render a verdict.
For further details see:
Should Growth Investors Push the Buy Button on This Warren Buffett Stock?