Warren Buffett Goes All In on Big Blue (IBM)
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Price: $295.30 -2.23%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +4.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.6%
Revenue Growth %: +4.9%
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Warren Buffett revealed that IBM (NYSE: IBM) is Berkshire Hathaway's latest major investment on CNBC Monday Morning.
Speaking on Squawk Box, Mr. Buffett said he bought $10.7 billion in IBM (NYSE: IBM) stock and now owns 5.5 percent.
Shares of IBM rose nearly $2 to $189.25 in pre-open trading Monday after the Buffett disclosure.
Berkshire Hathaway will release its latest 13F later today which will show his other portfolio moves.
Speaking on Squawk Box, Mr. Buffett said he bought $10.7 billion in IBM (NYSE: IBM) stock and now owns 5.5 percent.
Shares of IBM rose nearly $2 to $189.25 in pre-open trading Monday after the Buffett disclosure.
Berkshire Hathaway will release its latest 13F later today which will show his other portfolio moves.
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