Buffett keeps buying one of his favorite stocks.
It has been an up and down year for Warren Buffett's portfolio . Many of his biggest positions have been trimmed aggressively. But according to recent filings, his holding company, Berkshire Hathaway , is loading up on one of Buffett's favorite stocks. Last quarter, it boosted its position by more than $500 million.
On paper, this stock has it all. It's priced at a discount to the market, offers a compelling dividend yield , and could generate impressive growth over the next few years.
This has been one of Warren Buffett's favorite stocks since 2020
Berkshire Hathaway first took a position in Chevron ( CVX 0.94% ) back in 2020, not long after the nadir of the COVID-19 flash crash. Buffett's estimated purchase price was arou