$Berkshire Hathaway(BRK.B)$
Berkshire Hathaway's recent stock purchases signal confidence in undervalued opportunities amidst elevated market valuations.
The conglomerate trimmed Apple and Bank of America holdings, but maintains conviction in their long-term moats, while initiating a new position in UnitedHealth.
Berkshire's massive $344B cash hoard offers significant firepower to accumulate on selective undervalued opportunities, and future stock buybacks.
While a lack of near-term catalysts could prolong its consolidation, I view it as an opportunity for investors to load up while the market remains myopic on Berkshire stock.
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