Wall Street analysts expect many stocks owned by Warren Buffett to rise sharply in the new year. CNBC Pro used FactSet data to look at Berkshire Hathaway’s stock portfolio at the end of the third quarter, sifting out stocks with the biggest upside relative to Wall Street analysts’ average 12-month target price. Berkshire Hathaway may need help in 2025 after a stellar performance in 2024, when Class A shares rose 25.5% and outperformed the S&P 500 for its best return since 2021. Solid operating earnings, supported by strong operating earnings. Looking ahead, Wall Street sell-side analysts are particularly bullish on Latin American and Caribbean telecommunications company Liberty Latin America, believing the stock will rise nearly 58% over the next 12 months. Berkshire has held a small stake in the company for nearly a decade. Given that it’s only $37 million, the stake could be purchased by one of Buffett’s investment lieutenants. Analysts expect Atlanta Braves Holdings to gain 42% going forward. The baseball franchise, which was previously one of the holding companies owned by John Malone’s Liberty Media, was spun off last summer to begin 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, could be taken private by a billionaire. Occidental Petroleum shares could rise more than 20% over the next 12 months, based on analysts’ average price target. The oil and gas producer’s shares fell 17% last year, prompting Buffett to take advantage of cheaper prices and buy more shares. Houston-based Occidental Petroleum Corp. is Berkshire Hathaway’s sixth-largest holding. Buffett ruled out a full acquisition. Analysts are also optimistic about Coca-Cola, a long-term holding of Berkshire Hathaway, and expect the stock price to rise 20%. Lennar Corp., Citigroup Inc. and Chevron Corp. are also on the list. —CNBC’s Fred Imbert contributed reporting.
