Top 5 Warren Buffett Stocks To Own Right Now

Last week, we had started a series on the study of annual letters that legendary investor Warren Buffett wrote every year to the shareholders of his investment vehicle, Berkshire Hathaway. We discussed some key points in the letter for the year 1977 in the previous write up. In this write up, let us see what the master has to say to his shareholders in the 1978 letter:

"The textile industry illustrates in textbook style how producers of relatively undifferentiated goods in capital intensive businesses must earn inadequate returns except under conditions of tight supply or real shortage. As long as excess productive capacity exists, prices tend to reflect direct operating costs rather than capital employed. Such a supply-excess condition appears likely to prevail most of the time in the textile industry, and our expectations are for profits of relatively modest amounts in relation to capital. We hope we don't get into too many more businesses with such tough economic characteristics."

Top 5 Warren Buffett Stocks To Own Right Now: Mph Ventures Corp. (MPS.V)

MPH Ventures Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. The company primarily explores for molybdenum and gold deposits. It has interests in various properties located throughout northern Ontario, including properties near Timmins, Ontario. The company is based in Vancouver, Canada.

Top 5 Warren Buffett Stocks To Own Right Now: Pci Ltd (P19.SI)

PCI Limited, an investment holding company, provides electronics manufacturing services in the United States, the People�s Republic of China, British Virgin Islands, Singapore, ASEAN, Britain, and Australia. It offers a suite of design services, such as schematic design, board layout, component selection, firmware design, and mechanical design. The company offers various manufacturing supply chain services, including design, manufacturing engineering, material sourcing and procurement, assembly, test, and logistics services. Its manufacturing services include printed circuit board assembly; customer user interface design and manufacture; and turnkey electronics manufacturing services. The company�s project portfolio comprises networking and wireless communications products, mobile digital appliances, liquid crystal modules for mobile communications products, and control panels for computer peripherals, as well as a range of medical, industrial, and automotive products. I t is also involved in the rental of properties; and provision of estate management, and research and development services. The company was founded in 1972 and is headquartered in Singapore. PCI Limited is a subsidiary of Chuan Hup Holdings Limited.

Hot Insurance Companies To Watch In Right Now: Palo Duro Energy Inc (PDE.V)

Palo Duro Energy Inc. engages in the exploration and development of oil and gas properties in the United States. It holds a 27% working interests in the Palo Duro Basin oil and gas fields in northwest Texas; and a 23% working interests in approximately 48,810 acre project located in McLennan County, Texas. The company is based in Vancouver, Canada.

Top 5 Warren Buffett Stocks To Own Right Now: Diana Containerships Inc.(DCIX)

Diana Containerships Inc. owns and operates containerships in Greece. The company engages in the seaborne transportation of semi-finished and finished consumer and industrial products. As of February 23, 2012, its fleet consisted of 8 containerships with a carrying capacity of approximately 32,693 twenty-foot equivalent units. Diana Containerships Inc. was founded in 2010 and is based in Athens, Greece.

Top 5 Warren Buffett Stocks To Own Right Now: LightPath Technologies Inc.(LPTH)

LightPath Technologies, Inc. engages in the design, development, manufacture, and distribution of optical components and assemblies in the United States and internationally. It offers precision molded glass aspheric optics, precision molded infrared molder optics, isolators, proprietary fiber-optic collimators, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. The company?s products are used for various applications in industries comprising defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecom, machine vision, and sensors. It sells its products through direct sales force, distributors and channel partners, catalog distributors, and own catalog and Internet site. The company was founded in 1985 and is headquartered in Orlando, Florida.