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Finance
This Ridiculously Cheap Warren Buffett Stock Could Make You Richer
Investing legend Warren Buffett retired as Berkshire Hathaway's (NYSE: BRKA)(NYSE: BRKB) CEO, although he remains chairman. His successor, Greg Abel, has shown a greater willingness to put the company's large cash stockpile to work.
One of the new CEO's portfolio changes included purchasing shares of retailerMacy's(NYSE: M) during the first quarter. Berkshire Hathaway, which previously didn't have a position in the stock, bought over 3 million shares during the period.
Details
Here's how following Berkshire Hathaway's lead and buying Macy's shares could increase your net worth.
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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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