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Markets · Investing · Business
Finance
The Financial Stocks I'd Buy First if I Were Starting a Portfolio Today
One stock is built for market volatility, the other for long-term upside.
If I were building a portfolio from scratch today, the financial stocks I'd buy first would be Berkshire Hathaway(NYSE: BRKA)(NYSE: BRKB) and Robinhood Markets(NASDAQ: HOOD). One brings ballast when markets get choppy, while the other offers long-term growth potential that could beat the market. Here's why they're at the top of my list.
Image source: Getty Images.
With Warren Buffett having stepped down as CEO, investors are asking what changes will come for Berkshire Hathaway. I don't think much does. Buffett already did the hardest part: turning a struggling textile mill into one of the most valuable companies on the planet.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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