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

2. HP Inc. (NYSE:HPQ)

Berkshire Hathaway’s Equity Stake in Q3 2023: $2.63 Billion
Stock Gain since Buffett Investment: -22%
Number of Hedge Fund Holders: 44

HP Inc. (NYSE:HPQ) is a company that provides PCs, printers and other devices. Its personal system segment offers commercial and consumer desktops and notebooks, while the printing segment offers consumer and commercial printer hardware supplies and solutions.

As HP Inc. (NYSE:HPQ) came under pressure in Q1 2022 after rallying in 2021, Buffett took advantage of the decline and acquired stakes as the stock was trading for $36 a share. Ever since, he has been buying and selling shares of HP Inc. (NYSE:HPQ), taking advantage of price swings. Nevertheless, the investment is down by about 22%. Berkshire Hathaway ended up with stakes worth $2.6 billion in Q3 2023, accounting for 0.84% of the portfolio and paying a 3.85% dividend yield for generating passive income.

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