Investing.com – Warren Buffett’s Berkshire Hathaway has been in the news a lot lately because of the mountain of cash it’s sitting on. The Oracle (NYSE:) of Omaha has indeed sold shares with all its might in 2024, while being cautious on purchases.
In this context, the few purchases that Buffett makes have particular importance, and investors follow them closely.
Although the 13F filing which will detail all of Warren Buffett’s positions in the last quarter of 2024 will only be published in a few weeks, other declarations made to the SEC already allow us to know that the legendary investor has strengthened his positions in 3 stocks last month as gloom dominated stocks.
It deals with Western Petroleum, Sirius XM, and VeriSign.
Remember that Occidental Petroleum is an oil company, while Sirius XM operates in the satellite sector. VeriSign, for its part, is the only authorized registry for several generic top-level domain names, including the widely used .com and .net domains essential to the basic functioning of the Internet.
In order to better take stock of these stocks, we have added them to an InvestingPro watchlist, highlighting several key parameters which allow us to assess their potential.
We can therefore note that it is Sirius XM which displays the greatest upside potential according to analysts (+34%) and InvestingPro Fair Value (+40.1%), which synthesizes several recognized models. However, it is also the one with the lowest health score among the 3 stocks on the list.
Occidental Petroleum should grow by 9.7% according to Fair Value, and by 17.7% according to analysts. Finally, VeriSign displays a potential of only 1.9% according to Fair Value and 3.6% according to analysts, but on the other hand displays a very solid health score of 2.97/5.
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Reassessed quarterly following Berkshire’s portfolio move filings with the SEC, and has returned 433.8% since its backtest began in 2013:
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