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Benzinga
Benzinga
Business
Wayne Duggan

Why This HP Analyst Remains Skeptical Even After Warren Buffett's $4.2B Investment

HP Inc (NYSE; HPQ) shares rallied Thursday after Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) revealed a new 121-million-share stake in HP worth about $4.2 billion.

In a new filing, Berkshire said it now holds roughly an 11% ownership stake in HP, a major vote of confidence from one of the most famous and successful investors of all time.

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