2 No-Brainer Berkshire Hathaway Stocks to Buy Right Now for Less Than $500

If you're looking for profitable stock ideas, look no further than Warren Buffett's portfolio. Buffett has proven to be one of the best investors in history, and stealing his ideas is a great way to position your own portfolio for success. Right now, his holding company, Berkshire Hathaway, is betting on two stocks that every investor should strongly consider. The long-term upside potential for both companies is truly impressive.Few companies have grown as quickly in recent years as Nu Holdings (NYSE: NU). Sales growth rates have regularly surpassed 100% year over year, while earnings have just turned positive, and are on a strong upward trajectory. Shares trade at just 32 times forward earnings even though earnings growth next year is expected to be around 46%. What kind of business trades at this cheap of a valuation despite such strong fundamentals? Part of Nu's problem is a lack of general market awareness given the company operates solely in Latin America. But there's also an issue of underestimating fintech businesses like this. Much of the market likely still considers Nu a bank stock, but it's really a fintech company, capable of growing far faster and generating higher profits than traditional banks. Last quarter, for example, Wells Fargo posts sales growth of around 1% with a return on equity just above 10%. Nu, meanwhile, grew revenue by 55% with returns on equity of 24%. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool