The following video is part of our "Motley Fool Conversations" series, in which Motley Fool financial editors Andrew Tonner and Austin Smith discuss their favorite stocks.

In today's edition, Andrew gives his reason "Big Blue" may still be a buy, even after Warren Buffett himself amassed a 5.5% ownership stake in the company. Oftentimes people think they've missed out on the opportunity when news breaks that Buffett has made a purchase because people often flood to the stock, but that doesn't seem to be the case here.

Austin Smith owns "B" shares of Berkshire Hathaway. Andrew Tonner owns no shares of the companies mentioned here. The Motley Fool owns shares of IBM and Berkshire Hathaway. Motley Fool newsletter services have recommended buying shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.