The Best Steel Stock to Invest $10,000 in Right Now (According to Berkshire Hathaway)

You shouldn't just blindly follow the advice of any investor, even incredibly successful ones like Warren Buffett of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) fame. However, that doesn't mean you should ignore what famous investors are doing. The moves they make can help highlight investment ideas you might want to look into as well. That's why Berkshire Hathaway's investment in this Dividend King steelmaker should be of interest to you.Berkshire Hathaway owns insurance businesses, which is why it falls into the finance sector. But it is really a massive conglomerate, with fully owned businesses across a wide range of industries. On top of that, it also owns a collection of stocks, with investments like Coca-Cola and American Express as longtime holdings. There are also holdings that are more opportunistic in the mix, including Apple and Bank of America, both of which have seen their positions in the portfolio reduced recently.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool