As you probably have read, Berkshire Hathaway has offered to purchase the remaining shares of Wesco Financial [stckqut]WSC[/stckqut] that the company currently does not own. I assume this offer will be accepted (although there is a chance that the price will have to increase). Based on this news, I am removing Wesco from my Watch List as I cannot confidently say that the price of the stock will increase dramatically from this point.

I do not encourage you to expand your position in the stock from this point. If you would like to hold on to the stock to look for a better price from Warren Buffett, that is your choice.

Company name Wesco Financial Corporation
Stock ticker WSC
Live stock price [stckqut]WSC[/stckqut]
P/E compared to competitors Fair
MANAGEMENT EXECUTION
Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $790.7
Target stock price (averages with growth) $1917.61
Target stock price (averages with no growth) $428.33
Target stock price (manual assumptions) $344.59

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.