See's Candy (BRK.B)
Remember what we said about investing in what you love? Forty years ago, Warren Buffett was so taken with See's candies and chocolates that he bought the company and folded it into Berkshire Hathaway.
That Berkshire Hathaway was a textile company for the majority of its existence leading up to that purchase was of no consequence. Buffett was building a multinational conglomerate that would have nothing to do with textiles a mere 13 years later. See's, meanwhile, still sells assorted chocolates, but it cranks things up during Halloween and offers orange chocolate wafers, pumpkin spice lollipops, orange twist candies and chocolate marshmallow jack-o'-lanterns.The stock? Oh yeah, it's doing just fine at more than $90 a share and has jumped 24% in the past year. -- Written by Jason Notte in Boston. >To contact the writer of this article, click here: Jason Notte. >To follow the writer on Twitter, go to http://twitter.com/notteham. >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV