Want to be like Warren Buffett? That’s easier said than done, as you’d have to believe in companies that investors are largely avoiding. Right now, Pinterest (NYSE:PINS) fits that description. But could PINS stock be a Warren Buffett type of play?
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Absolutely. By the beginning of August, Pinterest shares were down year-to-date (YTD). Currently, they’re down about 16% so far. The pessimism has been palpable ever since the skeptics started deriding the stay-at-home trade in mid-2021.
But, perhaps that’s where the skeptics are mistaken. PINS stock shouldn’t simply be pigeonholed as a stay-at-home trade.
Top Warren Buffett Stocks To Own For 2023: Transdigm Group Incorporated(TDG)
TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies aircraft components in the United States. The companys Power & Control segment provides mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, and cargo loading and handling systems. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. Its Airframe segment offers engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, aircraft audio systems, lavatory components, seat belts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, and cargo delivery systems. It serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The companys Non-aviation segment provides seat belts and safety restraints for ground transportation applications; mechanical/electro-mechanical actuators and controls for space applications; and refueling systems for heavy equipment used in mining, construction, and other industries. It serves off-road vehicle and subsystem, child restraint system, and satellite and space system suppliers; and manufacturers of heavy equipment. The company also offers aerospace pneumatic and hydraulic components and subsystems for commercial transport, regional, business jet, and military applications; extruded plastic interior parts for use in the commercial aerospace industry; faucets and related products for use on commercial transports and regional jets; and unit load devices. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio.