3 Warren Buffett Stocks to Buy in August 2024

CoinMarketCap08-17

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. For the Q2 period ending June 30th, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2460157240?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/ca79d3df987e410a80929895e81fa892.jpeg","is_english":true,"pubTime":"2024-08-17 01:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2460157240","market":"us","top_or_hot":-1,"title":"3 Warren Buffett Stocks to Buy in August 2024","media":"CoinMarketCap","content":"<div>\n<p>Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.\n\nFor the Q2 period ending June 30th, ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66bf913cc817ad01c744dfd3/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Warren Buffett Stocks to Buy in August 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Warren Buffett Stocks to Buy in August 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-17 01:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66bf913cc817ad01c744dfd3/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.\n\nFor the Q2 period ending June 30th, ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66bf913cc817ad01c744dfd3/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQQQ","symbol_name":"纳指三倍做空ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66bf913cc817ad01c744dfd3/","article_id":"2460157240","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/ca79d3df987e410a80929895e81fa892.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2460157240","pubTimestamp":1723830582,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult ourwebsite policyprior to making financial decisions.For the Q2 period ending June 30th, 2024, Berkshire Hathaway filed its mandatory Form 13F to the Securities and Exchange Commission  on Wednesday. Although significantly reduced, Warren Buffett still holds Apple  in high regard, with a 30% stake in the portfolio at 400 million shares worth $84.2 billion.Bank of America  and American Express  are the only other stocks with portfolio weight above ten percent, at 14.30% and 12.54%, respectively. Out of 41 companies in total, Buffett added new weight to four existing holdings:. Occidental Petroleum  – up 2.93% – oil and gas company. Amid the larger-than-expected selloff for the quarter, accounting for $75.5 billion worth of shares, Berkshire Hathaway increased its cash holdings to a record high of $276.9 billion, up from $189 billion in Q1 2024. This is consistent with investors’ tende","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","LU1861217088.USD":"贝莱德金融科技A2","BK4574":"无人驾驶","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","CB":"安达保险","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","BK4581":"高盛持仓","QLD":"纳指两倍做多ETF","BK4504":"桥水持仓","AAPL":"苹果","BK4588":"碎股","BK4200":"专卖店","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","TQQQ":"纳指三倍做多ETF","ULTA":"Ulta美容","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","AXP":"美国运通","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","BK4170":"电脑硬件、储存设备及电脑周边","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","PSQ":"纳指反向ETF","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","SIRI":"Sirius XM Holdings Inc.","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","BK4212":"包装食品与肉类","BAC":"美国银行","LU0234570918.USD":"高盛全球核心股票组合Acc Close","KHC":"卡夫亨氏","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","ETG":"Eaton Vance Tax-Advantaged Globa","BRK.A":"伯克希尔","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4575":"芯片概念","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","QID":"纳指两倍做空ETF","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","OXY":"西方石油","BK4501":"段永平概念","BK4579":"人工智能"},"translate_title":"2024年8月值得买入的3只沃伦·巴菲特股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"SIRI":1,"KHC":1,"ETG":1,"CB":1,"AXP":1,"BAC":1,"ULTA":0.9,"BRK.A":0.9,".IXIC":0.9,"OXY":0.8,"TQQQ":0.6,"SQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.\n\nFor the Q2 period ending June 30th, 2024, Berkshire Hathaway filed its mandatory Form 13F to the Securities and Exchange Commission (SEC) on Wednesday. Although significantly reduced, Warren Buffett still holds Apple (NASDAQ: AAPL) in high regard, with a 30% stake in the portfolio at 400 million shares worth $84.2 billion.\nBank of America (NYSE: BAC) and American Express (NYSE: AXP) are the only other stocks with portfolio weight above ten percent, at 14.30% and 12.54%, respectively. Out of 41 companies in total, Buffett added new weight to four existing holdings:\n\nOccidental Petroleum (NYSE: OXY) – up 2.93% – oil and gas company\nChubb Ltd (NYSE: CB) – up 4.28% – insurance company\nLiberty SiriusXM Group – up 7% across LSXMA and LSXMK – subscription and ad based audio entertainment company\nSirius XM Holdings (NASDAQ: SIRI) – up 262.24% – primary operating company for streaming and satellite services, created at the end of 2023 to simplify equity ownership\n\nAmid the larger-than-expected selloff for the quarter, accounting for $75.5 billion worth of shares, Berkshire Hathaway increased its cash holdings to a record high of $276.9 billion, up from $189 billion in Q1 2024. This is consistent with investors’ tendency to hoard cash amid recession signals.\nAfter all, investors with a long term view know that the stock market reaches new highs after every recession, making recession an investing opportunity. With that in mind, which stocks are newcomers in Berkshire Hathaway portfolio and which one should be considered as robust?\nUlta Beauty, Inc. (NASDAQ: ULTA)\nAcross 1,385 locations, Ulta Beauty is one of largest US retailers for skincare, cosmetics, haircare and similar products catering to female customer base. According to similarweb traffic data, 79% of Ulta.com throughput comes from female visitors with the 25 – 34 age cohort at 32% representation.\nThis alone makes a bullish case for the company, considering that females spend significantly more on beauty products and are more easily influenced by social media. Furthermore, 43% of women use makeup daily. Although this habit predictably dropped by 20% since the 2020 lockdowns, it has been largely offset by the rise of men who use makeup, going from 4% to 15%.\nThrough in-store and online services, the company’s Ultamate rewards program also tethers habitual customers to enhance retention. In its Q1 earnings report, Ulta Beauty increased sales by 3.5% year-over-year to $2.7 billion. Although this generated $313.1 million net income, it is down from the year-ago quarter of $347.1 million.\nThe company opened 12 new stores, with only two closed. To bolster investor confidence, Ulta Beauty has a $1.8 billion stock buyback program remaining, with $285.1 million exercised in Q1.\nUlta Beauty’s Q2 earnings report is scheduled for August 29th.\nUpdated FY24 outlook points to slightly lower sales from $11.8 billion upper range to $11.6 billion. Having beaten four consecutive earnings per share estimates, the average ULTA price target is $451.94 vs current $375.60 per share. The low estimate is $325 while the high estimate is $525 per share.\nLastly, investors should be aware of the so-called “lipstick effect.” Counter-intuitively, this phenomenon shows that women tend to increase cosmetics spending during economic downturns.\n\n\nJoin our Telegram group and never miss a breaking story.\n\n\nHeico Corporation (NASDAQ: HEI)\nThe second newcomer to Berkshire Hathaway’s portfolio alongside Ulta Beauty, Heico specializes in jet engines and other aircraft components. Across its two revenue divisions, Flight Support Group (FSG) and Electronic Technologies Group (ETG), Heico operates in a sector with a high barrier to entry owing to FAA scrutiny and established technical expertise since 1957.\nHeico leadership owns ~20% of HEI stock, which has gone up 35% year-to-date. Ending April 30th, Heico reported $260.38 million net income, up from $218 million in the year-ago quarter. The company ended the quarter with 60% more cash and cash equivalents, at $204.16 million.\nLike Ulta Beauty, Heico also beat earnings per share estimates for the last four consecutive quarters. The company’s next earnings report is scheduled for August 27th. Against the current price of $241.45, HEI stock is forecasted for an average price target of $239.64 per share.\nFor the last 52-weeks, the average HEI price held at $191.41. Considering that Heico is one of major US military suppliers, investors are speculating that the volatile Middle East situation will continue to boost its bottom line.\nThe Kraft Heinz Company (NASDAQ: KHC)\nAs one of Berkshire’s existing holdings at 3.75% portfolio weight, this consumer staples company falls into a recession-resistant category. Kraft Heinz has over 20 brands that are typically found in every household world-wide.\nEnding six months June 29th, the company reported $904 million net income vs $1.8 billion in the year-ago period. Kraft pointed to higher tax expense and non-cash impairment loss of $854 million, suggesting that intangible assets were overvalued on Kraft’s balance sheet. This is why the accounting charge didn’t affect cash balance, having decreased from $949 million to only $902 million.\nAgainst the present price of $34.64, KHC stock is forecasted for a $37.36 average price target, with the low estimate of $34 currently aligned. The high estimate is $43 per share. Kraft’s all-time high price was $69.23 in February 2017, with the 52-week high at $38.96.\nAre you following Buffett’s lead and reshuffling your stock portfolio? Let us know in the comments below.\nDisclaimer: The author does not hold or have a position in any securities discussed in the article.\nThe post 3 Warren Buffett Stocks to Buy in August 2024 appeared first on Tokenist.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2460157240"}