- Timeless and Time-Tested Warren Buffett Watch Predictions
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
RSS FEED
MOST SHARED
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Good Sign for the Economy: 'Greed' Makes a Comeback
- Dubai World Set to Restructure About $26 Billion of Total Debt
- Dubai Stocks Could Fall a Further 30%: Charts
- Treasury Threatens Banks, Not Borrowers
- Dubai Markets Close Sharply Lower for Second Day
- What to Expect from Cyber Monday
- Bove: 26 Banks May Need To Raise More Capital
- Bank of Japan Offers More Liquidity at Emergency Meeting
- Arrest Imminent in Florida Ponzi Case: Report
- Dubai a 'Wake Up Call'—Expect Volatility Now: Market Pro
- Treasury Threatens Banks, Not Borrowers
- We're Approaching a Market Bubble: Portfolio Manager
- Hershey Shares: What Options Are Saying
- Nov. 30: Unusual Volume Leaders
- Why Careful Shoppers Are Great for the Box Office
- Blue Nile CEO: 'We're Having the Best Cyber Monday Ever'
- Best Online Retailers to Buy Now: Internet Analyst
- ESPN The Magazine’s Body Issue: A Financial Success
- More Late on Auto Loan Payments in Third Quarter
- Contagion Fears Calmed by Dubai World Plan
- AIG Cuts Debt to Government by $25 Billion; Shares Up
- GM Sees China Sales Soar 110% in November
- China Hires Foreigners to Manage Forex Reserves
- Bank of Japan Offers Liquidity at Emergency Meeting
- Somali Sea Gangs Create Pirate Stock Exchange
- Cutting Jobless Will Take Time: White House's Summers
- GE, Vivendi Agree to Value NBCU Stake at $5.8 Billion
Warren Buffett Watch
Text Size 
While the headline appears to be more confident than the piece itself, in Warren Buffett Will Buy This Stock Next, Stockpickr's James Altucher identifies two stocks today that might be attractive to Warren Buffett as he continues his search for a big acquisition. (Stockpickr is a subsidiary of Jim Cramer's TheStreet.com.)
After detailing some of the moves he thinks Buffett won't make with his roughly $50 billion in cash and recounting Buffett's desire to do a big deal, Altucher makes a solid case for two candidates.
- ConAgra Foods [US;CAG
Loading...
()
]
Altucher notes the company is based in Buffett's hometown of Omaha and has Warren's son Howard on its board. Even though ConAgra has beat earnings expectations four quarters in a row and analysts are raising their earnings forecasts, the stock is down 30 percent from its high on worries about food inflation. Altucher calls ConAgra a "safe buy at these prices." While sensibly acknowledging that a Buffett buy is not a lock, he points out buyers get a 3.7 percent dividend while they wait. - First Industrial Realty [US;FR
Loading...
()
]
Like ConAgra, this real estate investment trust is down sharply from a recent high, and its dividend is even larger, at 12.6 percent. The kicker, says Altucher, is that when Buffett auctioned off his wallet with a stock tip inside in a 1999 charity auction, First Industrial was the tip. Plus, Buffett held it in his personal portfolio at the time. After doubling by 2006, First Industrial is now back to its 1999 levels but with better earnings. Altucher thinks that with the big dividend, "you can afford to sit back and wait and see if Buffett will dip his shoes into this company again."
Our regular WBW reminder: No one besides Warren Buffett knows for sure what Warren Buffett will do next, and even he might not know yet ... no matter what the headline writer says.
Current Berkshire stock prices:
Class A: [US;BRK.A
Loading...
()
]
Class B: [US;BRK.B
Loading...
()
]
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes