Posted 3/2/2024, 11:30:00 AM
Buffett's Berkshire Hathaway Has $167 Billion to Spend; Home Depot, P&G, Healthcare Names Fit Investment Criteria
- Berkshire Hathaway has $167.6 billion in cash and cash equivalents, representing 31% of its total funds for investment
- Buffett looks for companies with reasonable valuation, high return on equity and assets, and consistency in profits and cash flows
- Ideal "Buffett stocks" are large cap, industry leading companies with capable management teams
- Stocks that could be potential Berkshire buys Home Depot, Procter & Gamble, AbbVie, Merck, Johnson & Johnson
- Other stocks meeting "Buffett" criteria Ulta Beauty, Old Dominion Freight Line, Winnebago Industries