Warren Buffett acquired 1.38 Million Verizon Communications shares worth $68.4 Million. That's 0.02% of their equity portfolio (38th largest holding). The first Verizon Communications trade was made in Q1 2014. Since then Warren Buffett bought shares three more times and sold shares on three occasions. The investor's estimated purchase price is $80.3 Million, resulting in a loss of 15%.
High-yielding dividend stocks to buy are the go-to now. However, yields aren’t always sustainable and the selection process is critical. Citigroup ( C ): Cit...
Berkshire also finally exited Wells Fargo & Co, a 33-year-old investment that Buffett soured on after finding it too slow to address revelations that employe...
Berkshire''s 10-Q filing offers clues that Warren Buffett sold all or part of the company''s $8 billion stake in Verizon Communications.
Covid-19 has normalized work-from-home, highlighting the need for improved connectivity, online security, and data sharing solutions. This alone could point ...