The 10 Cheapest Warren Buffett Stocks
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B), is renowned for his ability to find bargains, but with markets at record highs, cheap stocks are getting tougher and tougher to find.
That's true even within Berkshire Hathaway's own portfolio.
Indeed, several Buffett stocks have gained some froth of their own. Many, however, still look plenty cheap for new money. After looking at where shares trade relative to expected earnings, in comparison to their own historical valuations, and vs. the Standard & Poor's 500-stock index, numerous Berkshire Hathaway holdings still appear downright cheap.
We sorted through all 48 stocks in the Berkshire portfolio to find the biggest bargains left standing after the market's amazing run so far in 2019. Here are the cheapest Warren Buffett stocks right now.
Bank of New York Mellon
Getty Images
Dividend yield: 2.6%
Forward price-to-earnings ratio (P/E): 10.4
Warren Buffett's stocks have been increasingly peppered with banks over the past several quarters, but his interest in Bank of New York Mellon (BK, $44.12) dates back to 2010 and the early innings of the current economic expansion.
Financial-sector stocks were generally cheap in the aftermath of the financial crisis. BK remains attractively priced to this day. Trading at
