Investors have tried for years to follow the strategy of Warren Buffett, considered by many to be the greatest investor in history. That’s ironic given how little he seems to care about ups and downs of Berkshire Hathaway Inc.’s share price and quarterly earnings.
But now that earnings season is behind us, 24/7 Wall St.
wanted to see which stocks currently offer the most value for investors who like to mimic Buffett’s investment strategies, which are similar to those investors use when buying a business. Buffett is a deep value investor whose time frame for a payback is “forever.”
Ten stocks out of Buffett’s and Berkshire Hathaway’s portfolio of roughly 40 public stocks still are below their Thomson Reuters consensus price targets. In order to qualify for the lists, the Buffett positions had more than a 10 percent hurdle to rise before reaching the current target objective. When 24/7 Wall St. ran a similar screen of Buffett stocks earlier in the year, there was a hurdle closer to 30 percent.
In 24/7 Wall St.'s analysis, they have included prices based as of December 1, 2010 and the consensus price targets on each along with the upside. They added in color on what may help or hinder the implied upside, shown what each have for dividend yields, and compared each with their 52-week trading range and other older historic highs. That is what happens after many rallies
(AP Photo/Mark Lennihan)