I saw that W. Buffett was selling $BAC+3.2%stock again . The reason for the sale is unknown, so I'd like to ask you. Is there a reason why he is divesting the bank's stock now, ahead of the impending interest rate cut, or is it just to realize profits? 🤔
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Costco $COST+0.9% is one of the world's largest retail chains, best known for its wholesale warehouse and membership model that gives customers exclusive access to a wide range of products at competitive prices. The company is known not only for its emphasis on quality merchandise and low prices, but also for its excellent customer service and...
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I don't follow the company. The stock has a pretty high P/E, but the share price is rising nicely. I'm not buying, though.
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Probably nothing for me. Those numbers don't look very nice. To put a stock in my portfolio, I need the company to have good fundamentals.
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If I were to buy anything from this sector, it would be $UBER+2.4% stock, but I don't plan to include it in my portfolio either.
I didn't do any digging. If I had to guess, I'd say he sold it to collect a profit and get cash.
I still hold $BAC+3.2% stock.