Showing posts with label COP. Show all posts
Showing posts with label COP. Show all posts

Wednesday, 19 September 2012

New Stocks in Warren Buffett's Portfolio

Famous billionaire, Warren Buffett, who is the head of Berkshire Hathaway (BRK-A) (BRK-B), is one of the three richest people in the world. Known for his outstanding investing success, investors have been following his every move. People who want to ride on the coattails of Buffett usually look through the list of Warren Buffett stocks, and buy the ones they think are the best. According to the free list of Warren Buffett stocks at WallStreetNewsNetwork.com, Warren Buffett has over 35 stocks to choose from, and more than 25 of which pay dividends.

But instead of looking at what he has owned for a long time, let's take a look at what showed up in the Berkshire Hathaway portfolio in the latest reported quarter. First, there is Phillips 66 (PSX), which is actually a spinoff of 28.8 million shares of ConocoPhillips (COP) which Buffett has owned for a while. Phillips 66 operates Conoco, Phillips 66 and 76 (also known as Union 76) gas stations. The stock trades at a very favorable 5.9 times trailing earnings and 8.2 times forward earnings. Earnings for the latest quarter were up 13.7% on an 11.6% drop in revenues. It sports a yield of 1.7%.

One of Buffett's purchases is National Oilwell Varco (NOV), which makes and markets land-based and offshore oil drilling rigs in addition to the major mechanical components for the rigs. It also provides additional services to the oil industry. The stock trades at 15 times earnings and 12 times forward earnings, with a yield of 0.6%. The company reported quarterly earnings that were up an amazing 24.8%.

Lee Enterprises Inc. (LEE) was another Warren Buffett purchase, and a low priced stock purchase at that, with the stock trading at less than $1.50 per share. This Davenport, Iowa based company publishes over 50 daily newspapers in more than 20 states, and more than 300 weekly, classified, and specialty publications. The company recently reported negative earnings and does not pay a dividend.

In case you are wondering what Buffett dumped, there was one stock that he sold out of completely, Intel (INTC). He sold 7.745 million shares providing $217.75 million to the portfolio.

If you want to see what other stocks owned by Warren Buffett's Berkshire Hathaway, you can access the free list at WallStreetNewsNetwork.com, which you can download and sort.

Disclosure: Author owns COP.

By Stockerblog.com

Thursday, 5 July 2012

Top Yielding Warren Buffett Stocks

If you don't believe that Warren Buffett's advice is worth it, just look at what people were bidding to have lunch with this head of Berkshire Hathaway (BRK-A) (BRK-B). The top bid was an incredible $3,456,789. Buffett is one of the three richest people in the world, and got that way by being a successful stock trader and investor. In addition, he is a great entertainer.

Investors who want to ride on Buffett's coattails should consider buying the stocks that Buffett owns. For investors who want income will find that over 20 of Buffett's stocks pay dividends with more than half a dozen yielding in excess of 3%, according to the free Warren Buffett stock list at WallStreetNewsNetwork.com.

As an example, Gannett (GCI), the newspaper publishing company, pays a healthy 5.4% yield. The stock trades at seven times forward earnings and the company reports earnings on July 16.

ConocoPhillips (COP) is another Buffett holding. The stock pays a yield of 4.7%, payable quarterly. The stock trades at 9 times forward earnings. The company's earnings announcement is July 25.

Intel (INTC) pays a generous 3.1% abd has a forward price to earnings ratio of 10. Earnings will be announced July 17.

For a free list of Warren Buffett stocks, that can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Thursday, 29 March 2012

What Stocks has Warren Buffett Been Buying?

Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), is the third richest person in the world, due to his astute investing. Many investors follow in the footsteps of this famous trader and investor by piggybacking on his investments. So what has he been up to lately according to reports filed with the SEC?

First let's start with what he has gotten rid of. He sold off his holdings in ExxonMobil (XOM), selling off over 421,000 shares for about $30.6 million. But he is not totally bearish on major oil companies, as he still owns shares in ConocoPhillips (COP), a stock which yields 3.4%.

In terms of what he has been buying, according to the latest free list of Warren Buffett stocks at WallStreetNewsNetwork.com, he purchased shares of DaVita Inc. (DVA), a provider of kidney dialysis services. The stock trades at 18 times current earnings and 12.9 times forward earnings. Earnings for the latest quarter were up 114.6% on a 13.1% rise in revenues. The company does not pay a dividend.

Warren Buffett also purchased shares of Liberty Media Corporation (LMCA), a media and entertainment company. The stock has a price to earnings ration of 13.1. Earnings were down over 50% for the latest quarter, however revenues almost doubled. Thsi stock also does not pay a dividend.

For a list of all the Warren Buffett Berkeshire Hathaway stocks, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.


By Stockerblog.com