Berkshire Hathaway (BRK.B) CEO Warren Buffett is revered on Wall Street for his value-focused approach to investing, based around scouring the markets for quality companies trading below fair value. And for investors looking to follow in Buffett's billionaire footsteps, there's one top equity holding in the Berkshire portfolio that looks like a compelling value right now.
Specifically, U.S. grocery giant Kroger Company (KR) looks like a steal at current levels. For starters, KR is trading at only 10 times forward earnings, compared to a median valuation multiple of 17.8 times for the consumer staples sector. Plus, like all the best Buffett picks, the grocery chain offers a rock-solid dividend. Scooping up KR shares right now could be a golden opportunity for investors to grab a top-tier company at a bargain price - a move straight out of the Buffett playbook.
