Analysts are bullish on some of the stocks owned by Warren Buffet's Berkshire Hathaway . The renowned investor's firm will report quarterly results Saturday morning So far this year, shares of Berkshire have gained 5.5% trailing the benchmark S & P 500 's 7.3% climb. However, Berkshire is still trading near record levels. Some of the firms recent moves include additions to established positions in Occidental Petroleum in March , when the firm bought 5.
Pro looked through his portfolio to find companies that met the following criteria: 55% or more of the analysts covering the stocks have a buy rating. Average analyst price targets imply at least 15% upside from current trading levels. Topping the list is Taiwan Semiconductor , with 83% of analysts rating it as buy and the average price target pointing to upside of 25%. U.S.-listed shares of the chipmaker have popped more than 13% year to date, outperforming the S & P 500.
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Source: CNBC - 🏆 12. / 72 Read more »