If a Stock Market Crash Is Coming, This May Be the Best Warren Buffett Stock to Buy
There aren’t that many public companies better equipped to deal with recessions and market crashes than this one.
Overview
When will the next bear market be? It's impossible to say for sure, but it's never too early to start preparing for a market crash. Investors need not fear downturns too much. With the right strategy, it's possible to emerge from them more or less in one piece. And if there is one on the way, investors may want to consider putting their money in one particular stock that is a favorite of Warren Buffett: Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB).
Image source: The Motley Fool.
How do we know that Berkshire Hathaway is one of Buffett's favorite stocks, aside from the fact that it is the company he led as CEO for decades? Consider that between 2020 and 2024, Buffett oversaw a multi-billion-dollar share repurchase program at Berkshire Hathaway. The company then took a break, but share buybacks are back in style at Berkshire. During the second quarter, and under Greg Abel's leadership (likely in consultation with Buffett), the conglomerate bought back roughly $4.5 billion of its own stock.
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Originally published at www.fool.com.