What stock is Warren Buffett buying 2024?
Kraft Heinz Co (NASDAQ:KHC) is one of the most important stocks in Warren Buffett's 2024 portfolio. Berkshire has been holding the stock since 2015 and over the past nine years the fund hardly made any changes to its stake in the consumer company.
| Stock | 2024 return through March 31 |
|---|---|
| MicroStrategy Inc. (MSTR) | 169.9% |
| SoundHound AI Inc. (SOUN) | 177.8% |
| Vera Therapeutics Inc. (VERA) | 180.4% |
| Avidity Biosciences Inc. (RNA) | 182% |
| Company | Shares held | Percent of portfolio |
|---|---|---|
| Occidental Petroleum (OXY) | 248,103,025 | 4.06% |
| Kraft Heinz (KHC) | 325,634,818 | 3.46% |
| Moody's (MCO) | 24,669,778 | 2.77% |
| DaVita (DVA) | 36,095,570 | 1.28% |
| Company name & symbol | Percent change in share count over quarter | Value of investment at end of quarter |
|---|---|---|
| Sirius XM (SIRI) | 316% | $220,129,000 |
| Chevron Corp. (CVX) | 14% | $18,808,080,000 |
| Occidental Petroleum (OXY) | 9% | $14,552,270,000 |
So far in 2024, Berkshire stock is up 17%, beating the S&P by more than 10%. The outperformance comes with an an added bonus for investors: relatively low correlation and beta to the broader market. The five year weekly correlation of BRK to SPY PY +0.2% SPY +0.1% is 0.77 and the beta is 0.80.
- SoundHound AI and Sweetgreen are up 174% and 116% so far in 2024.
- SoundHouse AI is seeing its platform for conversational intelligence explode in popularity.
- Sweetgreen has quadrupled over the past year, but it's still a broken IPO with potential to harvest.
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
- Palo Alto Networks Inc. (ticker: PANW)
- Nvidia Corp. (NVDA)
- Apple Inc. (AAPL)
- Microsoft Corp. (MSFT)
- Alphabet Inc. (GOOG)
- Tesla Inc. (TSLA)
- AllianceBernstein Holding LP (AB)
- Walt Disney Co. (DIS)
- Bank of America (BAC), 1.03 billion.
- Apple (AAPL), 905.6 million.
- Coca-Cola (KO), 400 million.
- Kraft Heinz (KHC), 325.6 million.
- Occidental Petroleum (OXY), 248.1 million.
- American Express (AXP), 151.6 million.
- Chevron (CVX), 126.1 million.
- Nu Holdings (NU), 107.1 million.
| Ticker | Company | % Portfolio |
|---|---|---|
| MSFT | Microsoft Corp. | 33.98% |
| BRK.B | Berkshire Hathaway Inc. | 16.80% |
| CNI | Canadian National Railway Co. | 16.29% |
| WM | Waste Management Inc. | 14.92% |
Which bank stocks does Warren Buffett own?
- American Express: 20.6% stake. ...
- Ally Financial: 9.6% Stake. ...
- Bank of America: 13% Stake. ...
- Capital One: 3.3% Stake. ...
- Citigroup: 2.9% Stake. ...
- Nu Holdings: 2.3% Stake.
Buffett likes to compute the earnings yield (earnings per share divided by share price) because it presents a rate of return that can be compared quickly to other investments. Buffett goes as far as to view stocks as bonds with variable yields, and their yields equate to the firm's underlying earnings.
Apple has 21.12% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 11 hold ratings and 2 sell ratings.
That person is Greg Abel, 61. The Canadian businessman is currently chair of Berkshire Hathaway Energy and vice chair for non-insurance operations at Berkshire Hathaway. In 2021, Buffett told CNBC that Abel was his heir apparent.
There's currently $167 billion on the books, which alone would be one of the world's largest companies at that market cap. It's safe to say that Berkshire Hathaway can be bought and held indefinitely without losing a wink of sleep.
Over the past decade, Berkshire's beta is 0.63, showing it experiences significantly less volatility than the broader market. For these reasons, Berkshire Hathaway is an excellent stock to add to your portfolio today and hold for the long haul.
- A lot is working in favor of these companies. ...
- DraftKings (DKNG): With expansion on the cards, DraftKings could enjoy a higher market share in the next two years.
- Oracle (ORCL): Oracle's partnerships with Palantir (PLTR) and Nvidia (NVDA) will benefit the business.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Rama Steel Tubes | 13.95 |
| 2. | Brightcom Group | 15.12 |
| 3. | Axita Cotton | 24.03 |
| 4. | Easy Trip Plann. | 46.97 |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Spright Agro | 30.03 |
| 2. | Jai Balaji Inds. | 1000.05 |
| 3. | Waaree Renewab. | 2499.20 |
| 4. | SG Mart | 485.25 |
Dassault Systemes SE (OTC:DASTY) French software company Dassault Systemes SE (OTC:DASTY) is one of the stocks American Congressmen are piling into in 2024. Congressman Josh Gottheimer from New Jersey bought shares worth between $1,001 - $15,000 in Dassault Systemes SE (OTC:DASTY) on March 13.
What are Barron's 10 stocks for 2024?
Our list for 2024 includes a diversified mix of familiar stocks and some surprises, once again leaning toward, but not exclusively to, the value camp: Alibaba Group Holding, Alphabet, Barrick Gold, Berkshire Hathaway, BioNTech, Chevron, Hertz Global Holdings, Madison Square Garden Sports, PepsiCo, and U-Haul Holding.
| Stock | Sector | Trailing 12-month dividend yield* |
|---|---|---|
| Stanley Black & Decker Inc. (SWK) | Industrials | 3.5% |
| Atmos Energy Corp. (ATO) | Utilities | 2.7% |
| T. Rowe Price Group Inc. (TROW) | Financials | 4.3% |
| Chevron Corp. (CVX) | Energy | 3.9% |
Pelosi buys after post-earnings dip. Pelosi started her long-dated call position in Palo Alto shortly after the stock nosedived 28.50% following its fiscal second-quarter earnings report toward the end of February.
It's this rapid and accelerating demand for AI that has supercharged Nvidia's growth. For its fiscal 2024 fourth quarter, ended Jan. 28, Nvidia generated record revenue of $22.1 billion, which soared 265% year over year. Profit was also robust, as adjusted earnings per share (EPS) of $5.16 surged 486%.
The stock holds a E Accumulation/Distribution Rating. That shows very little buying from institutional investors in recent months. Despite its many positives, Nvidia stock is not a buy right now. Because the stock is below the 50-day line, investors will need to wait until the stock forms a new base.
