Warren Buffett, the undisputed guru of value investing and one of the world's richest people, has developed a cult-like following among the global investing community. A proponent of investing in businesses that are trading below their intrinsic values with a wide competitive moat, Buffett's investing style requires immense patience, but his own performance seems to confirm that it's a proven method for amassing considerable wealth over time.
Popular Buffett stocks such as Apple (AAPL), Coca-Cola (KO), and American Express (AXP) are well-known. However, in this piece, we will train our focus on a Warren Buffett stock that has outperformed all of those names this year - and still seems to be undervalued at current prices.
