Berkshire Hathaway discloses stakes in TSMC, Jefferies, Louisiana-Pacific, sending those stocks higher

Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. during the third quarter, according to a filing released after Monday’s closing bell.

Louisiana-Pacific shares were up more than 9% in after-hours trading Wednesday, while shares of Jefferies were up more than 4%.

Msm keeps putting out articles about Big investors buying stock in Q3. Here with Buffet and Burry today as well. This is a clear sign that wallstreet wants retail to buy before another market downturn. S&p will fall another 20% in the next few months

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This gene-editing company that went public last month could rally 20%, Jefferies saysAnalyst Eun K. Yang initiated the biotechnology stock as a buy with a price target of $25, which implies as upside of 21% over where it closed Friday.
Source: CNBC - 🏆 12. / 72 Read more »