“Unlocking Value: 3 Cheap Buffett Stocks to Buy Now for Wealth Accumulation”

Warren Buffett’s timeless advice on investing, “Price is what you pay; value is what you get,” continues to resonate with investors seeking to build wealth through quality investments. As the CEO of Berkshire Hathaway, Buffett has achieved an impressive 4.38 million percent return for investors since 1965, outperforming the S&P 500 by a wide margin.

One key strategy Buffett advocates is buying good businesses when they are undervalued. By scouring Berkshire Hathaway’s holdings, investors can uncover discounted stocks that offer both great value and a good price. Here are three companies that fit the bill:

DaVita (DVA): Despite doubling off its lows from last October, DaVita remains an attractive stock to buy. As one of the largest dialysis centers in the U.S., DaVita serves a significant number of patients and continues to improve its financial performance through cost-containment measures. With a low valuation of less than 14 times next year’s earnings and strong free cash flow generation, DaVita presents a compelling opportunity for value-oriented investors.

Occidental Petroleum (OXY): Occidental Petroleum, Buffett’s favorite oil stock, recently announced the acquisition of shale producer CrownRock for $12 billion, expanding its presence in the oil-rich Permian basin. With access to low break-even acreage and a valuation of just 13 times earnings estimates and 11 times free cash flow, Occidental Petroleum offers investors a great value proposition in the energy sector.

Kroger (KR): As the largest supermarket pure play in the U.S., Kroger is in the midst of an acquisition attempt of rival Albertsons. Despite facing regulatory hurdles from the FTC, Kroger’s stock remains attractively priced at 11 times earnings and 13 times free cash flow. Any potential setback from the failed merger could present an even better buying opportunity for investors.

In conclusion, following Warren Buffett’s advice to seek out quality businesses at discounted prices can lead to long-term wealth creation. By considering these three cheap Buffett stocks – DaVita, Occidental Petroleum, and Kroger – investors can potentially capitalize on undervalued opportunities in the market.