7 stocks that fit Warren Buffett's buying criteria ahead of Berkshire's annual meeting

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

CNBC Pro sought to identify names that fit the criteria Warren Buffett looks for when buying a company.

When Warren Buffett takes the stage at Berkshire Hathaway's annual meeting in Omaha on Saturday, he'll have a lot to talk about. The 92-year-old investor has had a busy year. He snapped up additional shares of one of his favorite energy plays, Occidental Petroleum , on several occasions — including in March. That brings the conglomerate's stake in the energy producer to 23.5%. In April, Buffett raised Berkshire Hathaway 's stakes in five Japanese trading houses to 7.4% each.

mountain Monolithic Power Systems Monolithic reported a first-quarter earnings and revenue beat on Friday. Adjusted earnings per share came in at $3.00, compared with the $2.98 expected from analysts polled by StreetAccount. However, its revenue guidance for the second quarter of $430 million to $450 million came in below estimates of $455.4 million. Shares are up about 14% year to date.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines