Warren Buffett’s 5 New Stock Picks Since 2022 Market Peak

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In this piece, we will look at Greedy When Others are Fearful’: Warren Buffett’s 5 new stock picks since 2022 market peak. If you want to see more stocks in this selection, then take a look at Greedy When Others are Fearful’: Warren Buffett’s New Stock Picks Since 2022 Market Peak.

5. Paramount Global (NASDAQ:PARA)

Berkshire Hathaway’s Equity Stake in Q3 2023: $1.21 Billion
Stock Gain since Buffett Investment: -55%
Number of Hedge Fund Holders: 33

Paramount Global (NASDAQ:PARA) is a communication services company that operates as a media and entertainment company. Its TV media segment operates domestic and international broadcast networks, including CBS Television Network. Paramount Global (NASDAQ:PARA) also provides a portfolio of domestic and international pay- and free-streaming services.

Paramount Global (NASDAQ:PARA) was one of Buffett’s new stock picks in early 2022, as the market’s bear run was gaining momentum. Buffett acquired stakes worth $2.6 billion but has since trimmed his exposure to $1.2 billion, accounting for 0.38% of the portfolio. Paramount Global (NASDAQ:PARA) is down 55% since Buffett started investing in the media company.

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