Tell-Tale Stat: Buffett's Berkshire Divests Bank of America, Nike Stakes


Warren BuffettThe past week's data-point-of-consequence for investors had to be investment decisions by Warren Buffett's Berkshire Hathaway (BRK.A).

Buffett ended positions in several stocks in the fourth quarter, including the Bank of America (BAC), Nike (NKE), Fiserv (FISV), Becton Dickinson (BDX), Comcast Corp. (CMCSA), Lowe's Co.s (LOW), Nalco (NLC) and Nestle (NSRGY), according to a filing, The Wall Street Journal reported.

Berkshire added to a holding of only one stock in the fourth quarter: Wells Fargo (WFC).

Berkshire's $52.6 billion U.S. equity portfolio now includes just 25 companies.

Market Analysis: File the above under "investment information for further reference." Of course, the Berkshire filing did not mention the reason for the sell or buy decisions. Perhaps Buffett sees a top in the stocks sold, or maybe a healthy correction? It probably was not due to market sentiment, as given the likelihood of U.S GDP growth propelling continued adequate-to-good earnings growth, this bull market has only just begun.

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