Wednesday, April 06, 2011

Buffett Bargains

Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), has numerous fans, and a few critics. However, the critics don't have a much of a leg to stand on, especially when several of the stocks he owns traded at 52 week highs on Wednesday. If you look at the list of Warren Buffett Berkshire Hathaway stocks at WallStreetNewsNetwork.com, you will notice that Coca-Cola (KO) traded at its one year high yesterday, along with Moody's (MCO) and Costco (COST).

So are there any Buffett stocks that haven't made their move? Johnson & Johnson (JNJ) has traded between 56.86 and 66.20 during the last twelve months, closing at 59.66 yesterday. The stock trades at 11.6 times forward earnings, and pays a nice yield of 3.6%. Dividends have increased every year for many years.

Gannett Co., Inc. (GCI) at 15.20 per share, is trading about half way between the 52 week trading range of 11.65 to 19.69. The stock has a forward price to earnings ratio of 6.3 and pays a yield of 1.0%.

USG Corporation (USG) is another Buffett stock which is trading at the lower range of trading for the last 52 weeks. The stock closed at 16.14, with a range of 11.34 to 25.59. The stock has generated negative earnings and doesn't pay a dividend.

To see a list of all the Warren Buffett Berkshire 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

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