CNBC Pro sought to identify names that fit the criteria Warren Buffett looks for when buying a company.
When Warren Buffett takes the stage at Berkshire Hathaway's annual meeting in Omaha on Saturday, he'll have a lot to talk about. The 92-year-old investor has had a busy year. He snapped up additional shares of one of his favorite energy plays, Occidental Petroleum , on several occasions — including in March. That brings the conglomerate's stake in the energy producer to 23.5%. In April, Buffett raised Berkshire Hathaway 's stakes in five Japanese trading houses to 7.4% each.
mountain Monolithic Power Systems Monolithic reported a first-quarter earnings and revenue beat on Friday. Adjusted earnings per share came in at $3.00, compared with the $2.98 expected from analysts polled by StreetAccount. However, its revenue guidance for the second quarter of $430 million to $450 million came in below estimates of $455.4 million. Shares are up about 14% year to date.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekendApple hands Warren Buffett’s Berkshire Hathaway a $214 million payout ahead of shareholder weekend
Read more »
92-year-old Warren Buffett won't be replaced anytime soon, Berkshire board member saysInvestors shouldn't expect a change of leadership at the top of Berkshire Hathaway anytime soon, even though Chairman Warren Buffett is 92 and his partner...
Read more »
Berkshire Hathaway’s annual meeting is here: What to expect from Warren Buffett and Charlie MungerWarren Buffett is set to kick off Berkshire Hathaway's annual shareholder meeting Saturday. Here's your complete guide for the highly anticipated event.
Read more »
5 key questions for Warren Buffett at Saturday's Berkshire annual meetingBillionaire investor Warren Buffett and 'right-hand man' Charlie Munger hold court Saturday. Investors want answers to these questions.
Read more »
Warren Buffett’s Formula for Success: One Good Decision Every Five YearsBerkshire Hathaway has obliterated the market in his 58 years at the company. Warren Buffett credits roughly 12 decisions.
Read more »
Here are Thursday's biggest analyst calls: Apple, Western Alliance, Berkshire Hathaway, Wix & moreCiti downgraded Wingstop. Goldman upgraded Cemex.
Read more »