Navigate this market better. Subscribe for FREE stock alerts and information.

Sunday, May 25, 2014

TAKEOVERCHATTER-Some elephant hunting tips for Warren Buffett, (NYSE: BRK-A), (NYSE: BRK-B)

Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes:The Oracle of Omaha has suggested he will hunt for his next "elephant" - his favorite word for big acquisitions -- among energy companies. That could dovetail with the bet he made in 2009 when he bought Burlington Northern Santa Fe railroad, which has turned into an indirect play on the U.S. oil production renaissance: BNSF moves about a third of oil-by-rail, a surging segment of freight rail.So, we have some ideas. Reuters screened for U.S. and Canadian companies with relatively low debt and market capitalizations above $5 billion, among other criteria.First, because Buffett's Berkshire Hathaway has about $49 billion to spend, he's said he's looking at capital intensive companies, which offer plenty of chances to put that money to work.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A fell by 0.17% or $-330.0/share to $190205.00. In the past year, the shares have traded as low as $163038.00 and as high as $194670.00. On average, 336 shares of BRK-A exchange hands on a given day and today's volume is recorded at 99.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.14% or $-0.18/share to $126.80. In the past year, the shares have traded as low as $108.12 and as high as $129.73. On average, 3610740 shares of BRK-B exchange hands on a given day and today's volume is recorded at 1807664.



Source