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Warren Buffett explains why he's bullish on stocks

Yahoo Finance

Stocks appear to have modest gains at the open, continuing their course of hitting record highs. This comes as billionaire investor Warren Buffett made strong comments about stock valuations. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, Seana Smith, Ethan Wolff-Mann and Rebecca Lindland of Cox Automotive discuss the big stories of the day.

Today’s topics:

  • Buffett says stock valuations make sense

  • Berkshire to take stake in Pilot Flying J

  • Former Equifax CEO to testify before Congress

  • Lennar up on positive Q3 report

  • General Electric’s chairman steps down early

  • Tesla built far fewer cars than promised

  • Analyzing the September Auto Sales Report

  • Whole Foods lures shoppers from Trader Joe’s & Sprouts

  • Bank fees hit record highs

  • Indiana husband and wife defraud Amazon of $1.2M

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