Sun, Apr 28, 2024 12:54 PM
Adani-EdgeConneX JV partners with 8 global banks with ₹11,520 crore
A Flip by Avya Verma
Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) annual shareholder meeting took place this past weekend. As usual, investors are gleaning all they can from the comments made by chief Warren Buffett during the event. And well they should. He may be 93 years old, but he's still one of the world's sharpest stock-pickers.However, copying every trade Berkshire Hathaway makes probably isn't feasible.
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$500 might not seem like much, but investing it in the right stock over a long period of time can turn even $500 into a substantial sum of money.XPO (NYSE: XPO), for example, jumped 1,460% in the 2010s, meaning it would have turned $500 into more than $7,000 in 10 years. The company has evolved significantly since then, spinning off the GXO Logistics contract logistics business.
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Enterprise Products Partners (NYSE: EPD) is perhaps best known for its steady, consistent results and attractive distribution payout.The pipeline operator has been a model of consistency over the years, growing its distribution each year for the past 25 years regardless of energy prices and economic cycles. The stock carries a 7.3% yield.
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