Moneynews - Buffett Stuffing His Portfolio With Retail Stocks: "Warren Buffett is boosting his portfolio with retail stocks, MSN reports.
Buffett would likely recommend investors buy retail stocks for 2010, Michael Brush of MSN reported.
During the third quarter, Buffett increased his position in Wal-Mart by 19.9 million shares.
“Buffett is the consummate contrarian, and the retail sector is one of the few areas where you can still be contrarian after a market rally that's lifted most stocks this year,” said Brush, author of 'Lessons from the Front Line.”"
Wednesday, December 30, 2009
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