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Warren Buffett doesn’t just beat the market – he makes a mockery of it. Since Buffett took control of Berkshire Hathaway back in the middle of 1965, the conglomerate has more than doubled the average annual gain of the S&P 500.
But here’s something you won’t hear anywhere else – Buffett doesn’t love all of his stocks equally. In fact, there are three dividend dogs that I bet he’d sell today if he could get away with it.
Let’s look at six of Buffett’s current income plays to separate his three buys from his three sells.
SELL – Verizon Communications (VZ)
Dividend Yield: 5%
Verizon Communications (VZ) is technically in the Buffett boat, but it’s not exactly a high-conviction pick anymore. During the fourth quarter of last year, Warren Buffett sold 99% of his position in VZ, leaving him with a scant 928 shares!
Top 5 Stocks To Own For 2018: Scripps Networks Interactive Inc(SNI)
- [By Lisa Levin]
Discovery Communications Inc. (NASDAQ: DISCA) announced plans to acquire Scripps Networks Interactive, Inc. (NYSE: SNI) for $14.6 billion.
Discovery will pay $90 per share in cash and stock to buy Scripps. The transaction is projected to close by early 2018.
- [By Ben Levisohn]
Scripps Networks Interactive (SNI) sunk to the bottom of the S&P 500–narrowly beating out Apartment Investment and Management (AIV)–as the parent company of the Food Network and other channels gave back a chunk of its post-elections gains.
Shares of Scripps Networks Interactive dropped 4.2% to $70.63 today, while the S&P 500 rose 0.8% to 2,180.39. Scripps had gained 13% from Nov. 8 through Nov. 14.
Scripps reported net income of $607 million on sales of $3 billion in 2015.
Barron’s David Englander recommended Scipps Networks’ former parent E.W. Scripps (SSP) back in August.
Top 5 Stocks To Own For 2018: Compass Minerals Intl Inc(CMP)
- [By Monica Gerson]
Compass Minerals International, Inc. (NYSE: CMP) is projected to post its quarterly earnings at $1.33 per share on revenue of $347.03 million.
MKS Instruments, Inc. (NASDAQ: MKSI) is estimated to post its quarterly earnings at $0.33 per share on revenue of $177.19 million.
Top 5 Stocks To Own For 2018: Karyopharm Therapeutics Inc.(KPTI)
- [By Stephan Byrd]
Karyopharm Therapeutics (NASDAQ:KPTI) last issued its quarterly earnings data on Thursday, March 15th. The company reported ($0.80) EPS for the quarter, missing the consensus estimate of ($0.66) by ($0.14). The business had revenue of $1.53 million during the quarter, compared to the consensus estimate of $2.26 million. During the same quarter in the prior year, the firm posted ($0.65) earnings per share. The company’s revenue for the quarter was up 3163.8% compared to the same quarter last year. analysts anticipate that Karyopharm Therapeutics will post -2.82 earnings per share for the current fiscal year.
- [By Chris Lange]
Karyopharm Therapeutics Inc. (NASDAQ: KPTI) was raised to a Buy rating from Hold, and the price target was increased to $12 from $9, at Jefferies. The firm said its call is based on its future revenue opportunity in multiple myeloma. Itsshares most recently closed at $10.62, with a consensus price target of $16.30 and a 52-week range of $4.83 to $19.41.
Top 5 Stocks To Own For 2018: Rite Aid Corporation(RAD)
- [By Paul Ausick]
Rite Aid Corp. (NYSE: RAD) dropped about 8.4% Thursday to post a new 52-week low of $1.63 after closing at $1.75 on Wednesday. The stock’s 52-week high is $8.77. Volume of around 68 million was more than double the daily average. The company had no specific news.
- [By Peter Graham]
Smallcap retail drugstore stock Rite Aid Corporation (NYSE: RAD) reported Q3 2018 earnings after the market closed Wednesday as the Company struggles with falling profitsin its pharmacy business as increases in branded drug prices have slowed while reimbursement pressure for generics has increased.
- [By Ben Levisohn]
Shares of Fred’s (FRED) are up more than 3% today after activist investorAlden Global Capital announced a 25% stake in the retailer. But that’s pocket change compared to the 81% rise on Tuesday following the announcement that Fred’s would more than double in size by buying more than 800 stores from Rite Aid (RAD) and Walgreens Boots Alliance (WBA).
- [By Trey Thoelcke]
Rite Aid Corp. (NYSE: RAD) fiscal third-quarter results are due out first thing on Friday. The consensus forecast sees $0.04 in per-share earningsand $8.22 billion in revenue. The shareprice ended last weekat $8.23. The consensus price target is $8.69. The 52-week range is $6.33 to $8.50.
Top 5 Stocks To Own For 2018: Markel Corporation(MKL)
- [By ]
Accordingly, as required by the new accounting standard, Markel Corp. (NYSE:MKL) recognized a pre-tax loss of $122.1 million as a result of the decline in the fair value of its equity securities since December 31, 2017.
- [By Matthew Frankel]
Markel (NYSE:MKL) has been referred to as a mini-Berkshire many times, and for good reason. The company uses the same general business model as Warren Buffett does at Berkshire, using the cash from its insurance businesses to buy stocks and entire companies.
- [By Ashley Moore]
Here is a table of the 10 most expensive stocks trading on U.S. markets today:
Company (Ticker)Price per ShareMarket CapBerkshire Hathaway Inc. (NYSE: BRK-A)$ 257,227.52$ 419.50 billionSeaboard Corp. (NYSEMKT: SEB)$ 3,760.00$ 4.48 billionNVR Inc. (NYSE: NVR)$ 1,944.23$ 7.19 billionThe Priceline Group Inc. (Nasdaq: PCLN)$ 1,727.94$ 80.82 billionMarkel Corp. (NYSE: MKL)$ 978.51$ 13.78 billionWhite Mountains Insurance Group Ltd. (NYSE: WTM)$ 935.01$ 4.25 billionAmazon.com Inc. (Nasdaq: AMZN)$ 846.08$ 408.27 billionAlphabet Inc. (Nasdaq: GOOGL)$ 844.06$ 582.85 billionAutoZone Inc. (NYSE: AZO)$ 744.26$ 21.04 billionIntuitive Surgical Inc. (Nasdaq: ISRG)$ 735.63$ 28.41 billion
- [By Motley Fool Staff]
Markel (NYSE:MKL) Q1 2018 Earnings Conference CallApril 25, 2018 9:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Steve Symington]
Markel Corporation(NYSE:MKL)announced first-quarter 2018 results on Tuesday after the market closed, punctuated by a net loss from the financial holding company’s investment portfolio. But in keeping with executives’ methodical approach to generating shareholder value, Markel management took the opportunity to showcase the merits of their long-term thinking and diversified business operations.