Is Buffett Right about Merck (MRK)?
Cancer treatment is a growing business in the United States. The National Cancer Institute estimates there will be 1.807 million new cases of cancer in the United States in 2020.
Read moreCancer treatment is a growing business in the United States. The National Cancer Institute estimates there will be 1.807 million new cases of cancer in the United States in 2020.
Read moreIndividual stocks are far more frightening than the S&P. For example, Mr. Market paid $199.45 for Union Pacific (NYSE: UNP) shares on 28 September 2020.
Read moreHence, I think there will be no herd immunity to COVID-19 until the end of 2021 at the earliest. Herd immunity is the point at which a large portion of the population is immune to coronavirus.
Read moreUnder Buffett’s criteria, Berkshire is not a value investment because of its slow growth rate. Fortunately, Berkshire Hathaway has the resources to fix that flaw fast.
Read moreMacy’s (NYSE: M) I think this department store icon is closer to death than many people suspect. Incredibly, Mr. Market valued Macy’s at $5.36 a share on 18 May 2020. Thus, Macy’s share price is less than the Gap. I think all Macy’s stores could close this year.
Read moreConsequently, I think Berkshire could add a vast amount of future value with a strategic purchase now. Companies Berkshire could buy include grocers; such as Kroger or the privately-held Safeway, Grubhub, Uber, Lyft, Ford (NYSE: F), railroads such as the Union Pacific (NYSE: UNP), CSX (NYSE: CSX), Netflix (NASDAQ: NFLX), Walgreens (NASDAQ: WBA), and the Canadian Pacific (NYSE: CP), and food makers such as General Mills (NYSE: GIS).
Read moreConsequently, Wells Fargo has serious management and ethical problems. Hence, Buffett could be smart to dump this stock.
Read moreConsequently, Ecolab’s business could explode because of the latest disease hysteria. However, Ecolab’s business could shrink if events show Coronavirus is not a threat.
Read moreBuffett’s thinking on Biogen is easy to interpret. Uncle Warren thinks healthcare is a growth industry that could make a lot of money.
Read more“At Berkshire, the whole is greater – considerably greater – than the sum of the parts.” – Warren E. Buffett Chairman of the Board, Berkshire Hathaway Inc. Taken from the 2018 shareholder letter.
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