In This Article:
-
(0:40) - What To Know Heading Into Berkshire Hathaway’s Annual Meeting
-
(7:30) - Breaking Down Warren Buffett's Stock Holdings That Should Be On Your Watchlist Right Now
-
(33:20) - Episode Roundup: BRK.B, AAPL, AXP, BAC, CVX, OXY, MCO, KHC
-
Podcast@Zacks.com
Welcome to Episode #403 of the Value Investor Podcast.
Every week, Tracey Ryniec, Zacks Value Stock Strategist, and the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
For value investors, there’s only one “must” attend event each year and it’s the Berkshire Hathaway (BRK.B) annual shareholder meeting.
This year, it will take place this Saturday at the CHI Health Center Omaha in Omaha, Nebraska.
For those of you who aren’t shareholders or, for whatever reason, you’re not going to Omaha, you can still watch the question and answer with Warren Buffett on CNBC, which will have live coverage starting at 8:30 am EST on Saturday.
The Last Buffett Berkshire Hathaway Annual Meeting?
At 2024’s annual meeting, Warren Buffett let slip during the question and answer that it may be his last Berkshire Hathaway annual meeting. He said he wasn’t ill, but he was 93 years old last year.
It’s a year later and Buffett is still at the helm of Berkshire. He’s returning to the annual meeting again, at age 94.
But shareholders, and the Street, need to be realistic about the future. Warren Buffett is in the twilight of his career, not the beginning or even the middle. A CEO at the twilight is apt to make different decisions versus one at another stage.
What to Watch at the Berkshire Annual Meeting This Year
There are two things which many shareholders will be obsessing over: any sales of stocks in the portfolio, like his sales of Apple over the last year, and the $300+ billion cash hoard.
And rightly so.
But Berkshire Hathaway owns dozens of companies outright. And many of them are in retail or the industrial economy, like its railroad, BNSF, so they may have tariff exposure.
Shareholders should be wondering how big of a hit Berkshire Hathaway will see from the tariffs.
Will Buffett Address Tariffs at Berkshire Hathaway Meeting?
1. Shaw Industries
Shaw Industries is one of the largest carpet manufacturers in the world. Its website doesn’t list where the company manufactures its flooring products but in 2021, it said that 67% of supplier spending was from the 31 states it operated. Shaw Industries had also invested $1.5 billion in US manufacturing in recent years but it does source globally.
What’s the tariff hit for Shaw which is a big cap company?