4 Stocks Inspired by Buffett at the 2024 AGM
Dr Wealth Dr Wealth
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 Published On May 13, 2024

Full list of 31 stocks here: https://drwealth.beehiiv.com/c/31buffett

One key point mentioned by Buffett at the 2024 AGM was, "The economic goal of Berkshire is to increase operating earnings and decrease the shares outstanding."

I translated Buffett's philosophy into a practical stock screening process:

📈 Positive operating earnings compound annual growth rate (CAGR) in the past 10 years.

🔽 Negative shares outstanding CAGR over the past ten years.

💰 At least $50 billion market cap.

🏰 Have Morningstar wide moat rating.

🇺🇸 Only US stocks.

⭐ Valuation: at least a 4-star rating by Morningstar.

I identified 31 stocks that met the first five criteria, and only 4 stocks satisfied all six criteria.

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