Invest where Smart and Big Money Go
By now if you follow stocks at all then you know that Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) has reported what it bought and sold last quarter. Follow their biggest buys and go with 3 most weighted buys of his stake including Deere & CO. (DE), General Motors (GM), and National Oilwell Varco (NOV).
3 MONTHS EQUALS $1B
Berkshire's reported U.S. stock portfolio was $75.3 billion as of September 30, up from $74.3 billion at the end of June.
They bought up Deere & CO. (DE), almost 4 million shares to make it Berkshire's largest increase. Deere & Co (DE) shares trade with a P/E Ratio of 11.4 and EPS of 7.51. DE closed today at $84.74 and it's now -5.85% below its 52-week high.
General Motors Co (GM) was also a favorite of the famous investment company this past quarter. Berkshire snapped up 5,000,000 shares of GM to 15,000,000 for a 50% increase. General Motors trades at $24.17 and is -14 below its 12 month high. GM shares are now trading with a P/E Ratio of 9.5 and EPS of 2.66.
Coming in third is National Oilwell Varco Inc (NOV). Berkshire added ,345,600 shares to 4,186,800 for a 47% increase in holdings. NOV trades with a P/E of 12.6 and EPS of 5.62.
National Oilwell Varco (NOV) is trading at $69.55 and its shares are 15.07% from its 52-week low.
Bottom line: DE, GM, and NOV are now in the spotlight in a positive fashion thanks to Buffett and Co. Why not join the trend and snatch up a few shares.
3 Buffett Powered Stocks
Best of the Blogs
Scanning and identifying the best blog entries every hour
- The Growing Concern Of Home-Grown Terrorists | ZeroHedge
- PReSeNTING THe LaTeST ZiMBaBWe NoTe | ZeroHedge
- The Idea Matrix – What Changed Everyone’s Life After “Choose Yourself” | Altucher Confidential
- Yale Researcher: 12% Of Liberia's Most Populous County May Have Ebola By December 15 | ZeroHedge
- What Unilever just Said About Consumers Around the World: “It’s Really Tough out There” | ZeroHedge
- Don’t Let Them High Pressure You | iBankCoin.com
- Biotechs Still a Haunted House for Bears | iBankCoin.com
The most relevant financial news and articles from the Internets
- This Is The Quintessential Banksy Work | Business Insider
- A GOP Congressional Candidate Just Held A Weird Costumed... | Business Insider
- Liverpool manager warns Reds to plug leaky defence | Business Insider
- XO Group Founder Carley Roney Shares Her Favorite Money Trick | Business Insider
- Jim Cramer Says Amazon Needs to Deliver Better Results in the Next Quarter | TheStreet.com
- Mali seeks to contain Ebola fears after girl dies | Business Insider
- Amazon Is Taking A Beating This Morning (AMZN) | Business Insider