Buffett's Latest Buy
The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill and analysts Joe Magyer, James Early, and Ron Gross.
In this segment, a bit of an unusual purchase for Warren Buffett. Sunpower Corporation (NAS: SPWR) has sold a pair of power plants in Southern California to Berkshire Hathaway (NYS: BRK.A) , which has the stock up around 60%. The guys discuss what was behind this seemingly out-of-character buy and why it fits with Berkshire's style better than it seems.
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The article Buffett's Latest Buy originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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