European and American markets are all rising, analysts: US stocks continue to plummet, Buffett may bottom fish

Zhitong
2024.08.07 14:54

CFRA Research analyst Cathy Seifert believes that if the US stock market continues to plummet, it will be a "golden opportunity" for Warren Buffett to buy low. At that time, his record $276.9 billion cash reserve will come into play. Buffett is known for his discipline, only buying when he sees a bargain. For years, he has been lamenting the lack of trading opportunities due to high valuations. However, with the stock market plunging, the time to buy may soon come

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.