Does Warren Buffett Know Something Wall Street Doesn't? The Billionaire Has Been Buying a Nasdaq Stock-Split Stock With a Hearty 5% Dividend Yield That Certain Wall Street Analysts Recommend Selling.

Warren Buffett and his company, Berkshire Hathaway, have one of the best, if not the best, track records in the stock market over the past six decades. Between 1965 and 2024, Berkshire's stock generated a compound annual gain just shy of 20% and an overall gain of 5,502,284%. That compares favorably to the broader benchmark S&P 500 index, which has generated compound annual gains of 10.4% and a total return of 39,054% in the same time frame.For this reason, when Buffett and Berkshire buy and sell stocks, the market listens, due to Buffett and his team's ability to find unloved stocks that can be big winners long-term. Does Buffett know something that Wall Street doesn't? Berkshire has been buying a Nasdaq stock-split stock with a hearty 5% dividend yield that certain Wall Street analysts recommend selling.Buffett and Berkshire first began buying the large digital audio company Sirius XM Holdings (NASDAQ: SIRI) in 2016, although at the time, the company was still part of Liberty Media and investors could buy different classes of shares that tracked Sirius. However, due to the confusing corporate structure, Liberty Media split off Sirius in 2024, also conducting a reverse 1-for-10 stock split at the time. Following completion of the transaction, former Liberty Media shareholders owned over 80% of the new Sirius company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool