@Theta_collctv 6 days ago
Greg Abel takes over Berkshire Hathaway, plans no major portfolio changes
Greg Abel takes over Berkshire Hathaway, plans no major portfolio changes
Greg Abel officially took over Berkshire Hathaway. In his recent shareholder letter, he noted that he isn't planning to make changes to their $311 billion stock portfolio and will hold onto big stakes like Apple and Coca-Cola.
The article pointed out three specific holdings that look like solid buys right now:
* Chubb (CB): Berkshire has an 8.8% stake. Their net income per share went up over 13% last year and the CEO expects continued double-digit earnings growth.
* Alphabet (GOOG): They own a 0.3% position. Even with recent AI worries, earnings are expected to grow around 16% annually over the next few years.
* Kraft Heinz (KHC): Berkshire kept its 27.5% stake after reportedly blocking a plan to split the business into two companies. Kraft Heinz is now investing $600 million into its core brands to improve profitability and trades at 12 times forward earnings.

www.fool.com
| The Best Warren Buffett Stocks to Buy With $1,000 Right Now | The Motley Fool
@TallDrive706 5 days ago
Honestly, sounds like Greg Abel’s just keeping the Buffett playbook rolling. No crazy moves, just letting the big hitters like Apple and Coke do their thing. Sometimes the smartest play is just chill and hold.