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What Warren Buffett May Be Planning with Airline Stocks

The ongoing pandemic has shutdown multiple sectors in the economy. But no sector has taken a harder hit than airline companies. Perhaps the most surprising news around airlines came from famed investor Warren Buffett. His firm Berkshire Hathaway (NYSE: BRK.A) has long been a holder of airline stocks given their steady demand and reliable cash flow streams. According to GuruFocus, Berkshire may have lost up to $5.3 billion on its stakes in airline companies. So, what is Buffett's plan with airline stocks for the road ahead? Read more... Tags: Warren Buffett To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What Warren Buffett May Be Planning with Airline Stocks appeared first on Money Morning - We Make Investing Profitable .
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