5 Best Warren Buffett Stock Picks for Beginners

In this article, we discuss the 5 best Warren Buffett stock picks for beginners. If you want to read the details about Warren Buffett’s strategy and his hedge fund performance, go directly to the 12 Best Warren Buffett Stock Picks for Beginners.

5. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 100

T-Mobile US, Inc. (NASDAQ:TMUS) is a Washington-based telecommunications company. On December 12, the company announced that it boosted its 5G coverage for extended reach. T-Mobile US, Inc. (NASDAQ:TMUS)’s Extended Range 5G reached around 323 million people and the company claims that its Ultra Capacity 5G has reached 260 million people.

At the end of Q3 2022, 100 hedge funds held T-Mobile US, Inc. (NASDAQ:TMUS) shares, up from 96 in Q2, taking the 5th spot on our list of Warren Buffet stock picks for beginners. Berkshire Hathaway was the largest shareholder of the company with 5.24 million shares, valued at $703.319 million. It was followed by Viking Global with 3.324 million shares, worth $446.062 million.

On November 15, Tigress Financial analyst Ivan Feinseth reaffirmed a Buy rating on T-Mobile US, Inc. (NASDAQ:TMUS) shares and raised his price target to $202 from $195. The analyst said that the company’s “massive” 5G network will result in T-Mobile US, Inc. (NASDAQ:TMUS)’s customer and revenue growth.

Here is what ClearBridge Investments has to say about T-Mobile US, Inc. (NYSE:TMUS) in its Q4 2021 investor letter:

“As mentioned, the communication services sector has come under some pressure, and irrational pricing competition has negatively impacted wireless industry growth and profitability of late, weighing on T-Mobile. Faced with these headwinds, and with pressure from other wireless carriers and cable companies that could cause the company to cede share in subscriber growth in 2022, we exited our position in the fourth quarter.”