For the past two quarters, Warren Buffett has been quietly selling one stock and buying another stock. These trades may surprise you:
Buying: Johnson & Johnson (JNJ, Financial)
Warren Buffett owns 42,624,563 shares of JNJ, valued as $2,641 million as of Sep. 30, 2010, which accounts for 5.44% of his equity portfolio. Warren Buffett added his positions in the Jun. 30, 2010 quarter by 72.95%, again in the Sep. 30, 2010 quarter by 3.16%.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $176.67 billion; its shares were traded at around $64.14 with a P/E ratio of 13.5 and P/S ratio of 2.9. The dividend yield of Johnson & Johnson stocks is 3.4%. Johnson & Johnson had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
to http://www.gurufocus.com/holdings.php?GuruName=Warren+Buffett
Selling: The Procter & Gamble Company (PG, Financial)
Warren Buffett owns 76,766,036 shares of PG, valued as $4,604 million as of Sep. 30, 2010, which accounts for 9.48% of his equity portfolio. Warren Buffett reduced his positions in the Jun. 30, 2010 quarter by 1.3%, again in the Sep. 30, 2010 quarter by 1.67%.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $182.42 billion; its shares were traded at around $64.29 with a P/E ratio of 17.3 and P/S ratio of 2.3. The dividend yield of The Procter & Gamble Company stocks is 3%. The Procter & Gamble Company had an annual average earning growth of 12.3% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3.5-star.
To check the complete list of Warren Buffett, please go here.
Buying: Johnson & Johnson (JNJ, Financial)
Warren Buffett owns 42,624,563 shares of JNJ, valued as $2,641 million as of Sep. 30, 2010, which accounts for 5.44% of his equity portfolio. Warren Buffett added his positions in the Jun. 30, 2010 quarter by 72.95%, again in the Sep. 30, 2010 quarter by 3.16%.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $176.67 billion; its shares were traded at around $64.14 with a P/E ratio of 13.5 and P/S ratio of 2.9. The dividend yield of Johnson & Johnson stocks is 3.4%. Johnson & Johnson had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
to http://www.gurufocus.com/holdings.php?GuruName=Warren+Buffett
Selling: The Procter & Gamble Company (PG, Financial)
Warren Buffett owns 76,766,036 shares of PG, valued as $4,604 million as of Sep. 30, 2010, which accounts for 9.48% of his equity portfolio. Warren Buffett reduced his positions in the Jun. 30, 2010 quarter by 1.3%, again in the Sep. 30, 2010 quarter by 1.67%.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $182.42 billion; its shares were traded at around $64.29 with a P/E ratio of 17.3 and P/S ratio of 2.3. The dividend yield of The Procter & Gamble Company stocks is 3%. The Procter & Gamble Company had an annual average earning growth of 12.3% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3.5-star.
To check the complete list of Warren Buffett, please go here.
