Warning: 7 Stocks Warren Buffett Just Dumped
#warrenbuffet #investing #stockmarket
-----
Follow Modern Money on other Platforms ⬇️
https://www.instagram.com/modernmoneynow
https://www.tiktok.com/@modernmoneynow
-----
Warren Buffet and his investing team put 7 of Berkshire Hathaway's holdings on the chopping block during the December-ended quarter filing which was released on February 14 2024, he sold his entire position in 4 companies and the other three he trimmed down. Let's see what Warren Buffet is offloading and the reasons we believe he is doing so. The first sizable holding that found itself on the chopping block during the December-ended quarter is media company Paramount Global. Buffett's company cut down nearly a third of its position, which had stood at north of 93 million shares. The catalyst for dumping more than 30 million shares looks to be Paramount's undesirable balance sheet. More specifically, the company is lugging around $14.6 billion in long-term debt, compared to just $2.46 billion in cash and cash equivalents, as of the end of 2023. With cord-cutting ongoing and Paramount's streaming segment still losing money, investors have begun to lose patience & buffet too needless to say. Another high-profile name that took a big haircut in Berkshire Hathaway's investment portfolio during the fourth quarter is personal computing and printing services provider HP, a household computer company. Buffett and his team dumped close to 78% of Berkshire's stake, compared to what was held on Sept. 30, 2023. The force behind this selling activity may have to do with the sluggishness of PC sales. Though PC sales surged during the initial stages of the COVID-19 pandemic, they've meaningfully retracted with most employees returning to the office. With no sales growth forecast for the current year of 2024, HP's 3.6% dividend yield simply isn't enough of a return to keep Buffett and his team interested it seems. HP also looks like a perfect example of a "fair company at a wonderful price" that Buffett would prefer to avoid. Although HP stock can be purchased for a mere 10 times forward year earnings, the company's growth days are long gone it seems. The company Now looks reliant on relatively low-margin products and printing services, so HP lacks the needle-moving results Berkshire's brightest minds desire….. Watch the video for the rest!
-----
Chapters:
0:00 - Introduction
0:25 - Paramount Stock
0:56 - HP Stock
2:00 - Apple Stock
2:44 - Markel Group Stock
3:37 - StoneCo Stock
4:30 - Globe Life Stock
5:16 - D.R Horton Stock
-----
Contact: bizinquirysmgmt@gmail.com
-----
References/Credits/Authors:
-https://13f.info/manager/0001067983-berkshire-hathaway-inc
-https://seekingalpha.com/
-https://www.fool.com/investing/2024/03/15/here-are-all-7-stocks-warren-buffett-is-selling/
-https://www.nerdwallet.com/article/investing/average-stock-market-return
-----
Disclaimer:
This channel is for education purposes only and does not constitute financial advice. We also research and source topics/scripts/information from online outlets. If we used information that is yours & you want to inquire, please use the email above.
-
12:18
Worldview Financial TV
1 month agoWarren Buffett Signals a Looming Market Crash
17 -
10:59
We Profit with Stock Curry
1 year agoPalantir Earnings + Warren Buffett's Warning to Investors
3567 -
9:40
Dividend and Conquer
4 months agoWarren Buffett 2024 Picks: 4 Stocks Only to Make Millions?!
161 -
9:22
Cooper Academy
2 years agoBuffett: How To Invest When Stocks Are Overpriced
38 -
16:31
We Profit with Stock Curry
1 year ago3 Best Stocks to Buy Now - Warren Buffett Value Stocks
539 -
14:37
theartofvalue
3 months agoSuper Investor Warren Buffett: Latest Lessons & Warnings
313 -
14:25
Meet Kevin Archive Channel
1 year agoA Critical Warning to All Investors
17 -
10:35
We Profit with Stock Curry
1 year agoBest Stocks To Buy Now - Value Stocks - Warren Buffett
704 -
22:13
Technical Analysis & Swing trading Education By Just.IN
2 years ago"IT'S TIME TO LOAD THE BOAT ON PAYSAFE STOCK!! | PSFE STOCK PRICE PREDICTION "
31 -
10:38
Meet Kevin Archive Channel
1 year ago**URGENT Warning to Investors** [Watch BEFORE 8:30AM EST 3/26]
3