What Did Buffett Do? Looking at Berkshire's Q1 Portfolio Moves
Monday May 19, 10:08 am ET
biz.yahoo.com
From the article:"... looking deeper into Buffett's holdings at the end of Q1, there are some spots where he was willing to add shares. During the quarter, Buffett added to stakes in three healthcare firms, UnitedHealth Group (NYSE: UNH - News), WellPoint (NYSE: WLP - News), and, to a lesser extent, Sanofi-Aventis (NYSE: SNY - News). He also added to his stake in used-car retailer CarMax (NYSE: KMX - News).
Meanwhile, Buffett trimmed his stake in information storage and management firm Iron Mountain (NYSE: IRM - News) and exited his stake in financial-services company Ameriprise Financial (NYSE: AMP - News). He also held steady with his positions in Nike (NYSE: NKE - News), Bank of America (NYSE: BAC - News), and Costco (Nasdaq: COST - News)...."
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Started a new position in the IRA with UNH shares. The dividend yield is very small, so most of the gain should come from capital gains. I prefer high yielding dividend paying securities in the IRA but with a PE of 9 it is quite a bargain at the current level.
I now own UNH shares in both the IRA and my taxable account.
EKS |
