Buffett's latest watchlist includes two stocks! What is the secret of value investing? Check the performance trend and stock price level.

Led by renowned investor Warren Buffett, $Berkshire Hathaway-B (BRK.B.US)$ disclosed its holdings in the 13F report. According to the report, there were two new positions acquired in the April-June 2024 quarter, and five positions were added. On the other hand, $Apple (AAPL.US)$ reduced positions for eight stocks, led by $Paramount Global-B (PARA.US)$ And $Snowflake (SNOW.US)$ I sold all the shares of the two stocks I owned.

Apple continues to hold the top position, followed by $Bank of America (BAC.US)$ $American Express (AXP.US)$ $Coca-Cola (KO.US)$ $Chevron (CVX.US)$ The familiar 'Buffett stocks' such as etc are lined up. Among them, the stocks held in the 4th to 6th months were sold.The stocks that were sold are Apple and Chevron.The stocks that were sold are Apple and Chevron.The stocks that were sold are Apple and Chevron..Bank of AmericaAlthough the number of holdings does not change as of the end of June, Mr. Buffett sold a large amount of shares of the company in July. According to a Bloomberg article, he reduced his stake by 8.8%. On the other hand, the two stocks that were bought between April and June are.The two stocks that Mr. Buffett increased his holdings in between April and June are.The two stocks are $Occidental Petroleum (OXY.US)$ and $Chubb Ltd (CB.US)$ and

Buffett's latest "watchlist" stocks are
Mr. Buffett's "watchlist" stocks between April and June areNewly acquiredThe acquired stocks are from the beauty retail and $Ulta Beauty (ULTA.US)$ aircraft equipment $Heico (HEI.US)$ . The additional acquisitions include 5 stocks, but the stocks accounting for more than 2% of the portfolio are Occidental Petroleum, a major oil and gas company, and Chubb, a major insurance company.

The stocks sold for your reference are as follows. Companies facing financial difficulties such as $Paramount Global-B (PARA.US)$ and those acquired at the time of IPO, $Snowflake (SNOW.US)$ have been completely sold.Complete saleBoth stocks didn't perform well after Buffett acquired them, and he eventually decided to sell them. In that sense, it may not be certain that buying stocks with Buffett's reputation will always lead to a rise in the medium term. After Buffett's purchase, it is important to pay attention to the subsequent trends and fundamentals of the companies, including their performance.

$Ulta Beauty (ULTA.US)$
Company Overview
A cosmetic retail chain in the US. They offer a wide range of beauty products across various price ranges. They have both physical stores and online channels. They have strengthened their 'store-in-store' strategy by partnering with large discount superstores like Target. The number of stores within Target superstores is 510. They also focus on e-commerce, with e-commerce sales accounting for 20% of their revenue. E-commerce is growing at a faster pace than physical stores, and this trend is expected to continue.

$Heico (HEI.US)$
Company overview
Aircraft equipment manufacturer. It is also a defense-related stock. It also has a wide range of aftermarket products that meet the needs of repairing and overhauling aerospace components. It has two divisions, the Flight Support Group (FSG) and the Electronic Technology Group (ETG), which designs and manufactures replacement parts for jet engines and aircraft components. Customers include airlines, aircraft engine manufacturers, defense industries, military organizations, as well as the U.S. Air Force, Navy, and NASA.

During the period from April to June this year, when Mr. Buffett newly acquired shares of the company, the company's shares were performing well. It may seem like a completely different investment decision from Alta Beauty, which took the opportunity of a sharp drop in stock prices. However, while Heico's stock price continued to rise, the business outlook had become even brighter. In addition, at the current time, Heico's PE ratio is 52 times, which is the average PE ratio for the past 5 years is 59 times, and the average PE ratio for the past 10 years is(Note: JSR, excluding the chemical sector constituents of the Nikkei Semiconductor Stock Index (in weight order). Operating profit growth rate forecast, recent dividend yield, and analyst target stock price for Nippon Chemicals are based on Bloomberg data.)approximately52 timesPER of 59 timesthe average PER for the past 5 years is 59 timesthe average PER for the past 10 years is49倍Compared to that, there is not much of a sense of undervaluation, but it is not expensive either. Buying a company with a stable business expansion at a 'reasonable' price can be considered as one pattern of 'value investing'.