Buffett's Berkshire Hathaway Bets Billions on Verizon and Chevron
February 16 2021 - 5:47PM
Dow Jones News
By Jenna Telesca
Billionaire Warren Buffett added two more big, American brands
to Berkshire Hathaway Inc.'s investment portfolio.
Mr. Buffett's conglomerate has purchased $8.6 billion in stock
in Verizon Communications Inc., the U.S.'s largest mobile carrier,
and $4.1 billion in gas-and-oil company Chevron, according to a
snapshot of investments held in the quarter ended Dec. 31.
More to come
(END) Dow Jones Newswires
February 16, 2021 18:32 ET (23:32 GMT)
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