Warren Buffett's next acquisition could be Target or CarMax, Credit Suisse says



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Credit Suisse's analysis comes less than two months after Buffett had told his shareholders that he was struggling to use the Berkshire Hathaway cash stock, worth $ 112 billion. , thanks to rising prices.

"In 2019, we will likely see our holdings of tradable shares increase further," Buffett said in a letter to Berkshire shareholders. "We still continue to hope for an elephant-sized acquisition." Even at our ages of 88 and 95 – I'm young – this prospect is why my heart and Charlie's beat faster. "

Buffett's long history as a successful stock picker includes bets on some of Wall Street's flagship companies, including Apple, Bank of America and Coca-Cola. A dollar invested in Berkshire Hathaway in December 1964 would now be worth more than $ 10,000; the same dollar invested in the S & P 500 over the same period is worth only a few hundred dollars.

Buffett never comments on rumors and speculation about what he will buy next. He has already advised investors not to attempt this hypothesis.

"I do not think people should buy stocks because they read in the newspaper that they buy something," Buffett said at his annual meeting in 1994, according to CNBC archives Warren Buffett . "But if they do, they can be healed at some point."

"We will never comment on these stories, ridiculous as they are," he added.

For full access to Buffett's annual meetings and appearances in CNBC for the past three decades, check out the Warren Buffett Archives at CNBC.

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