As forward thinking as Warren Buffett is, Berkshire Hathaway (NYSE:BRK.B) — the multinational conglomerate holding company Buffett spearheads — has never invested in Tesla (NASDAQ:TSLA). That has led some folks to question whether he likes Tesla or even electric vehicles. But look beyond the noise, and you’ll find that the Oracle is quite bullish on EV battery stocks.
First, to clarify Buffett’s position on Tesla, in 2019, he stated during an interview with Yahoo Finance regarding Tesla CEO Elon Musk that “I think he has room for improvement, and he would say the same thing.” Furthermore, Buffett mentioned that Buffett would benefit from a little more discretion on social media. Nevertheless, Buffett called Musk “a remarkable guy.” Perhaps the only thing more remarkable is the possible upside trajectory of battery stocks.
Indeed, as InsideHook detailed, Buffett has been betting big on EV battery stocks since 2008. Coincidentally, this was the first year that Tesla released its Roadster, proving to onlookers that EVs can be environmentally friendly and desirable. While Tesla has more than established itself as the dominant leader in the EV space, Buffett’s investments in batteries hasn’t exactly been a slouch.
Best Warren Buffett Stocks To Buy Right Now: National Western Life Group, Inc.(NWLI)
National Western Life Insurance Company (hereinafter referred to as “National Western” or “company” where insurance operations are being discussed) is a stock life insurance company, chartered in the State of Colorado in 1956, and doing business in forty-nine states, the District of Columbia, and four U.S. territories or possessions. National Western is also licensed in Haiti, and although not otherwise licensed, accepts applications from and issues policies to residents of various international countries. Such policies are underwritten, accepted, and issued in the United States based upon applications submitted by independent contractors. National Western provides life insurance products for the savings and protection needs of approximately 123,000 policyholders and for the asset accumulation and retirement needs of 137,900 annuity contract holders. Advisors’ Opinion:
- [By Ethan Ryder]
National Western Life Group (NASDAQ:NWLI) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Friday.
- [By Stephan Byrd]
Millennium Management LLC trimmed its holdings in shares of National Western Life Group Inc (NASDAQ:NWLI) by 64.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,115 shares of the financial services provider’s stock after selling 1,993 shares during the period. Millennium Management LLC’s holdings in National Western Life Group were worth $340,000 as of its most recent filing with the SEC.
- [By Logan Wallace]
National Western Life (NASDAQ: NWLI) and Brighthouse Financial (NASDAQ:BHF) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, risk, profitability and dividends.
Best Warren Buffett Stocks To Buy Right Now: Pure Cycle Corporation(PCYO)
Pure Cycle Corporation, a vertically integrated water and wastewater service provider, engages in the design, construction, operation, and maintenance of water and wastewater systems in the Denver metropolitan area. The company contracts with landowners, developers, home builders, cities, and municipalities using a water portfolio consisting of surface and ground water supplies, surface and aquifer storage, and reclaimed water supplies. It withdraws, treats, stores, and delivers water to customers; collects, treats, stores, and reuses wastewater; and treats and delivers reclaimed water for irrigation use by customers. The company offers water services to approximately 258 single family equivalent (SFE) water connections, as well as 157 SFE wastewater connections located in southeastern metropolitan area of Denver. It has water assets in the Denver metropolitan area, Colorado; Arkansas River Valley in southern Colorado; and on the western slope of Colorado. The company was founded in 1976 and is based in Denver, Colorado.
- [By Logan Wallace]
BidaskClub lowered shares of Pure Cycle (NASDAQ:PCYO) from a buy rating to a hold rating in a report issued on Tuesday.
Pure Cycle stock opened at $11.55 on Tuesday. Pure Cycle has a 12-month low of $6.65 and a 12-month high of $11.74.
- [By Logan Wallace]
Media headlines about Pure Cycle (NASDAQ:PCYO) have been trending somewhat negative recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pure Cycle earned a news impact score of -0.19 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.6210374255656 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Best Warren Buffett Stocks To Buy Right Now: Daktronics, Inc.(DAKT)
Daktronics, Inc., together with its subsidiaries, designs, manufactures, and sells various electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation, as well as controllers; LED ribbon board displays; mobile and modular display systems; freeform LED displays, which include architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events, primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides message displays; ITS dynamic message signs, including LED displays for road management, mass transit, and aviation applications; and digit and directional displays for use in parking facilities; audio systems for outdoor sports venues. In addition, the company offers static and digital billboards used to display static images which change at regular intervals for the out-of-home (OOH) advertising industry; Visiconn system, a software application for controlling content and playback loops for digital billboard applications; and street furniture comprising advertising light boxes for static, scrolling, and digital OOH campaigns. Further, it provides digit and price displays, such as outdoor time and temperature displays, as well as Fuelight digit displays for the petroleum industry; and maintenance and professional services related to its products. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is based in Brookings, South Dakota.
- [By Motley Fool Transcribers]
Daktronics Inc (NASDAQ:DAKT)Q32019 Earnings Conference CallFeb. 20, 2019, 11:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Stephan Byrd]
Shares of Daktronics, Inc. (NASDAQ:DAKT) have earned a consensus rating of “Hold” from the six analysts that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $10.00.
Best Warren Buffett Stocks To Buy Right Now: Allstate Corporation (ALL)
The Allstate Corporation was incorporated under the laws of the State of Delaware on November 5, 1992 to serve as the holding company for Allstate Insurance Company. Its business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, including The Allstate Corporation, “Allstate”). Allstate is primarily engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. The Allstate Corporation is the largest publicly held personal lines insurer in the United States. Allstate’s strategy is to serve distinct customer segments with differentiated offerings. The Allstate brand is widely known through the “You’re In Good Hands With Allstate庐” slogan. Allstate is the 2nd largest personal property and casualty insurer in the United States on the basis of 2014 statutory direct premiums written according to A.M. Best. In addition, according to A. Advisors’ Opinion:
- [By Max Byerly]
Get a free copy of the Zacks research report on Allstate (ALL)
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- [By Joseph Griffin]
HL Financial Services LLC raised its holdings in Allstate Corp (NYSE:ALL) by 7.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,953 shares of the insurance provider’s stock after acquiring an additional 660 shares during the period. HL Financial Services LLC’s holdings in Allstate were worth $822,000 at the end of the most recent quarter.
Best Warren Buffett Stocks To Buy Right Now: Porsche Automobil Holding SE (POAHY)
Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, the Company is also active in parts distribution, after sales and invests in the automotive value chain, this comprises the spectrum of basic technologies geared to supporting the development and production process through to vehicle- and mobility-related services. The Company operates one wholly owned subsidiary, Porsche Beteiligung GmbH, and one majority owned subsidiary, Volkswagen AG. Advisors’ Opinion:
- [By ]
The Model X also experienced extremely high demand, with 12,000 vehicles sold in Europe, outselling such popular Models as BMWs X6. According to research the Model X was purchased about as often as the extremely popular Porsche (OTCPK:POAHY) Cayenne vehicle in Europe last year.
Best Warren Buffett Stocks To Buy Right Now: FormFactor, Inc.(FORM)
FormFactor, Inc., incorporated on April 15, 1993, designs, develops, manufactures, sells and supports semiconductor probe card products. The Company is a supplier of probe cards to the manufacturers of dynamic random-access memory (DRAM), flash memory devices, microprocessor, chipset and other system on chip (SoC) devices. Semiconductor manufacturers use its probe cards to perform wafer test (also known as wafer sort), which is the testing of the semiconductor die, or chips. The Company’s products utilize a range of technologies, including micro-electromechanical systems (MEMS) technologies, automation systems, various product architectures and design tools. Its MEMS technologies enable manufacturing of multi-material composite spring-like electrically-conductive contact elements. These contact elements, such as its MicroSpring contacts, optimize the relative amounts of force on, and across, a chip’s bond pad, solder bump, or copper pillar during the test process, and maintain their shape and position over a range of compression. The Company’s product and technology names include Apollo, ATRE, DC-Boost, Matrix, MicroProbe, the MicroProbe logo, MicroSpring, Mx-FinePitch, OneTouch, QiLin, RapidSoak, SmartMatrix, SMART Matrix 100, TouchMatrix, Takumi, TRE, TrueScale and TrueScale Lite, Vector, Vx-MP and Vx-RF. Its technologies enable probe cards to be populated with over 100,000 contact elements, with contact element spacing of approximately 40 microns, distributed over extents of 300 millimeters (mm).
The Company’s customers use its probe cards to test DRAM chips, including low power double data rate 2 (LPDDR2), low power double data rate 3 (LPDDR3), low power double data rate 4 (LPDDR4), double data rate (DDR), double data rate 2 (DDR2), double data rate 3 (DDR3), double data rate 4 (DDR4), synchronous dynamic random access memory (SDRAM), pseudo-static random access memory (PSRAM) and graphic dynamic random access memory (DRAM), and NOR, pulse-code modulation (PCM) and negative-AND (NAND)! flash memory chips. Its customers also use probe cards to test SoC devices, including microprocessors, mobile application processors, microcontrollers, graphic processors, radio frequency (RF), and analog and mixed-signal devices. Its primary manufacturing facilities are located in Livermore, San Jose, and Carlsbad, California, the United States. The Company also performs certain probe card manufacturing operations in its facilities in Suzhou, China, and Yokohama, Japan. The Company maintains repair and service capabilities in Livermore, San Jose, and Carlsbad, California, the United States; Dresden, Germany; Bundang, South Korea; Yokohama City and Hiroshima, Japan; Suzhou, China; Hsinchu, Taiwan, and Singapore. The Company’s product and technology names include Apollo, ATRE, DC-Boost, Matrix, MicroProbe, the MicroProbe logo, MicroSpring, Mx-FinePitch, OneTouch, QiLin, RapidSoak, SmartMatrix, SMART Matrix 100, TouchMatrix, Takumi, TRE, TrueScale and TrueScale Lite, Vector, Vx-MP and Vx-RF.
The Company competes with AMST Co., Ltd., Cascade Microtech, Inc., Feinmetall GmbH, Japan Electronic Materials Corporation, Korea Instrument Co., Ltd., M2N Co., Ltd., Microfriend Inc., Micronics Japan Co., Ltd., MPI Corporation, NHK Spring Co., Ltd., Soulbrain Engineering, SV Probe, Inc., Synergie CAD, Technoprobe, TSE Co., Ltd. and WILL-Technology Co., Ltd.
- [By Motley Fool Transcription]
FormFactor, Inc. (NASDAQ:FORM)Q4 2018 Earnings Conference CallFeb. 6, 2019, 4:30 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Stephan Byrd]
FormFactor (NASDAQ:FORM) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report released on Monday.