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Finance

What Stocks Is Warren Buffett Buying in 2021?

In the fourth quarter of 2020, Berkshire Hathaway made several new investments. Buffett revealed a nearly $9 billion stake in Verizon. He also invested almost $4 billion in energy company Chevron. 

Berkshire Hathaway invested in insurance broker Marsh & McLennan and the stake was valued at just under $500 million at the end of 2020. Berkshire Hathaway also invested in media company EW Scripps and the stake was valued at around $364 million.

Berkshire Hathaway increased stakes in Merck, AbbVie, Kroger, RH, T-Mobile, and Bristol Myers-Squibb in the fourth quarter of 2020. The conglomerate had bought pharma stocks in the third quarter of 2020 and in the typical Buffett way, it scaled up the purchases in the subsequent quarter.

View more information: https://marketrealist.com/p/what-stocks-is-buffett-buying-in-2021/

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