Stock Groups

Scoop Up These 3 Warren Buffett Stocks on the Market Correction -Breaking

by Mike Robinson

[ad_1]

© Reuters. Grab These 3 Warren Buffett Stocks from the Market Correction

Warren Buffett has been one of the best investors in history. Since long, retail investors have used his portfolio to guide their investments. As analysts are anticipating a market correction soon, Warren Buffett stocks Visa (V), Coca-Cola (KO), and Kroger (NYSE:) could be ideal buys.Warren Buffett, also known as the ‘Oracle (NYSE:) of Omaha,’ is one of the most prolific investors of the 21st century. Buffett owned Berkshire Hathaway’s Inc. (BRK.A) cash pile reached new highs to $149.20 billion in the third quarter, topping the record set in early 2020.

Last month’s consumer price index saw a 6.2% increase, its largest gain in over 30 years. Market bull Jeremy Siegel warns that a correction could be in the near future if another report on inflation is published. Market pressure could be further exacerbated by concerns regarding the potential global economic recovery caused by the emergence and spread of the Omicron Coronavirus variant.

Buffett had 9.56million shares at September 30, Visa Inc . (NYSE:), 400,000,000 of The Coca-Cola Company NYSE:, and 61.79 Million shares of The Kroger Co . (KR). These companies have strong fundamentals, significant market shares and might make solid investments to protect your portfolio from market corrections.

Continue reading on StockNews

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses or other consequences arising from the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]