Warren Buffett, the chairman and CEO of Berkshire Hathaway (BRK.B), is among the most well-known investors in the world. Also called the “Oracle of Omaha,” Buffett’s investment moves are closely watched due to his ability to pick stocks that outpace the broader markets over time.
But one stock in Warren Buffett’s portfolio has trailed most of the major equity indices over the last three years. That company is United Parcel Services (UPS), which is a logistics giant valued at $119.45 billion by market cap. Down 35% from all-time highs, UPS is currently trading near three-year lows. Let’s see if this Warren Buffett stock is a good buy at the current valuation.
