Monday, 11 June 2012


The Daily Reckoning

Warren Buffett's "No-Brainer" 
Investment for June 2012

Fellow Investor,

     I call this stock my "no-brainer" investment for June 2012. Not only has this company bought back $10 billion of its stock in 2011 alone, it has $14 billion more allocated to additional share purchases. On top of that, its dividend has increased 110% in the past five years... and the company just announced its sixth consecutive quarter of record sales. 

     I'm not the only one who likes this stock. Warren Buffett's Berkshire Hathaway owns 7.7 million shares of this stock -- worth more than $200 million.

     When it comes to the three characteristics I look for in the "perfect" stock -- enormous competitive advantages, strong dividends, and massive share buybacks -- this company is second to none.

     I'll give you the name and ticker symbol of this stock in my latest presentation -- you can watch it here.

All the best,


Paul Tracy
Chief Strategist, StreetAuthority's Top 10 Stocks
Co-Founder,  StreetAuthority