Thursday, December 31, 2009

Buffett & Berkshire Stocks With Most Upside in 2010 (BRK-A, BAC, COP, CMCSA, GCI, GE, IRM, KFT, NRG, STI, USB, WFC)

From 24/7 Wall Street:
Warren Buffett has a different timeframe than most investors. Unless he sees something drastic to the long-term fundamentals, he maintains a near-forever outlook when he invests in or buys companies for Berkshire Hathaway Inc. (NYSE: BRK-A). What we wanted to do was peruse the Warren Buffett and Berkshire Hathaway portfolio of common stock holdings and then see which stocks of the portfolio had the most implied upside in 2010 compared to consensus analyst price targets....

...NRG Energy, Inc. (NYSE: NRG) $23.92 and 1-year mean price target is $30.08, implying upside of 25.7%.

  • NRG is well under its 52-week high of $29.26 from over two months ago. This is a ‘value stock’ under most screens, but the problem is that most analysts expect declining earnings in 2010 despite an expectation of higher revenues....