By Luciana Lopez | Reuters
(Editor’s note: Opinion pieces are posted for discussion purposes only.)
Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes:
The Oracle of Omaha has suggested he will hunt for his next “elephant” – his favorite word for big acquisitions — among energy companies. That could dovetail with the bet he made in 2009 when he bought Burlington Northern Santa Fe railroad, which has turned into an indirect play on the U.S. oil production renaissance: BNSF moves about a third of oil-by-rail, a surging segment of freight rail.
So, we have some ideas. Reuters screened for U.S. and Canadian companies with relatively low debt and market capitalizations above $5 billion, among other criteria.
