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Berkshire Hathaway: Buffett invests heavily in Verizon and Wal-Mart

According to what emerges from the quarterly communications of his holding company, the US billionaire would have increased his stake in Wal-Mart and concluded the purchase of 11 million shares of Verizon, for a figure of 524 million dollars - Buffett cut his shares in Philips 66, General Motors and DirecTV.

Berkshire Hathaway: Buffett invests heavily in Verizon and Wal-Mart

The wallet moves by Berkshire Hathaway, the holding company of US billionaire Warren Buffett. According to what emerges from the quarterly communications of the same company, Buffett's company concluded a new investment on 11 million shares of Verizon Communications, as well as increasing its stake in the large-scale retail giant Wal-Mart and IBM.

According to analysts, the total value of the shares acquired in Verizon would be 524 million dollars. But Buffett's holding has also cut its presence in some companies, among which Philips 66, General Motors and DirecTV stand out.

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