1 Warren Buffett Stock Down 86% to Buy Now and Hold Forever

By Parkev Tatevosian, CFA – Sep 9, 2023 at 5:15AM

NASDAQ: PARA

Paramount Global

Market Cap

$8B

Today's Change

(2.85%) $0.34

Current Price

$12.25

Price as of April 29, 2024, 4:00 p.m. ET

The Oracle of Omaha doesn't get them all right, but he's got a pretty darn good track record.

Fool.com contributor Parkev Tatevosian highlights one stock that Warren Buffett owns in his Berkshire Hathaway portfolio that could make an excellent addition to long-term investor portfolios.

*Stock prices used were the afternoon prices of Sept. 6, 2023. The video was published on Sept. 8, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.