Wall Street analysts believe that many of the stocks owned by none other than Warren Buffett will rise significantly in the new year. CNBC Pro examines Berkshire Hathaway’s stock portfolio at the end of the third quarter using FactSet data to screen stocks with the most upside compared to Wall Street analysts’ average 12-month price target. did. Berkshire may need help in 2025 after coming off a strong 2024 in which its Class A shares rose 25.5%, outperforming the S&P 500’s return in its best year since 2021. The conglomerate’s strong performance depended on strong operating profits supported by strong operating results. Auto insurance company Geico’s investment and underwriting income rose despite the suspension of the Oracle of Omaha. Berkshire’s stock repurchase program. Looking ahead, Wall Street’s sell-side analysts are particularly supportive of Latin American and Caribbean carrier Liberty Latin America, predicting its stock will rise nearly 58% over the next 12 months. Berkshire has held a small stake in the company for nearly a decade. Given its size, worth just $37 million, the stock may have been purchased by one of Mr. Buffett’s investment aides. Analysts expect Atlanta Braves Holdings to appreciate 42% in the future. The baseball franchise was previously part of a holding company under John Malone’s Liberty Media, but it was spun off last summer and moved toward a potential sale. Many have speculated that the Braves, who were swept by the San Diego Padres in the 2024 National League Wild Card Playoffs, will be taken private by the billionaire. Occidental Petroleum could rise more than 20% over the next 12 months, based on analysts’ average price target. Oil and gas producers have fallen 17% over the past year, and Buffett is looking to take advantage of low prices to buy up more shares. Houston-based Occidental is Berkshire’s sixth-largest holding. Buffett has ruled out a full takeover. Analysts are also bullish on Coca-Cola, Berkshire’s long-time owner, and think it has room for a 20% upside. Lennar Corporation, Citigroup and Chevron Corporation are also on the list. — CNBC’s Fred Imbert contributed reporting.
