Warren Buffett’s 5 Growth Stock Picks

3. Markel Group Inc. (NYSE:MKL)

Berkshire Hathaway’s Q2 2023 Investment: $652 million

Latest P/E Ratio: 73.18

Markel Group Inc. (NYSE:MKL) is a global insurance company that provides a wide variety of coverage products. Its second quarter of 2023 earnings per share beat analyst EPS estimates by a wide margin of $3.6 and the stock is rated Strong Buy on average with an upside of roughly $90.

By the end of 2023’s second quarter, 29 of the 910 hedge funds covered by Insider Monkey’s research had owned Markel Group Inc. (NYSE:MKL)’s shares. Mr. Buffett’s investment firm is the company’s largest stakeholder among these since it has made a $652 million investment.

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