2024-02-26 06:00:00 ET
While well-known consumer brands like Apple and Coca-Cola get a lot of attention among Berkshire Hathaway 's top holdings, there are much smaller positions that might present some attractive opportunities.
Consider Ally Financial (NYSE: ALLY) . Warren Buffett's conglomerate owns 9.6% of the digital bank's shares outstanding. But the stake represents just 0.3% of Berkshire's entire portfolio, making it a tiny position.
Ally shares have risen just 35% in the last five years, and they currently trade below book value . In the banking industry, that's an attractive valuation because it indicates the business sells at a discount to the entire value of the equity it owns.
For further details see:
This Underappreciated Warren Buffett Stock Is a Screaming Buy, but Only if This Happens