Warren Buffett’s Best Mid-Cap Picks: DaVita HealthCare Partners Inc (DVA), Verisign, Inc. (VRSN), Chicago Bridge & Iron Company N.V. (CBI)

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M&T Bank Corporation (NYSE:MTB) comes at number three in the ranking of the top mid-cap investment choices of Buffett. The investment manager’s current position in the bank includes 5.38 million shares valued at $683.52 million. The provider of retail and commercial banking services has a market cap of $16.45 billion and its shares are trading 4.85% lower than its 52-week high. As many as 15 rating firms have given it a “Hold” rating, with a 1-year target price of $123.67, which is quite close to its current share price of $123.27. M&T Bank Corporation (NYSE:MTB) reported earnings per share of $1.65, missing the market’s earnings estimate of $1.76. Some of the top investment firms holding positions in M&T Bank Corporation (NYSE:MTB) include Ken Griffin’s Citadel Investment Group and David Harding‘s Winton Capital Management.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) is another mid-cap stock pick of Warren Buffett and his current position in the energy infrastructure company includes 10.70 million shares valued at $527.14 million. The construction company has a market cap of $6.27 billion and its shares are trading at $56.46 with a current P/E ratio of 10.50. The shares of Chicago Bridge & Iron Company N.V. (NYSE:CBI) have grown 33.5% year-to-date and are currently trading 32.7% lower than their 52-week high. The infrastructure-focused company has an average rating of “Hold”, with a 1-year price target of $62.50 representing an upside of 10.70% from its current share price. Greenlight Capital and Appaloosa Management LP are among the primary investors of Chicago Bridge & Iron Company N.V. (NYSE:CBI).

Disclosure: None

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