Warren Buffett Sold 11 Stocks in Q2. But 3 of Them Have Soared Over 30% Since Then.

Group 1: Berkshire Hathaway's Stock Sales - Berkshire Hathaway sold 11 stocks in Q2 2024, with three stocks rising over 30% since the end of Q2 [1] - The company reduced its position in Liberty Live Group Series A by 1.29%, retaining 4.99 million shares valued at approximately $247.4 million, which have since increased by 32% [4] - Berkshire trimmed its stake in Liberty Live Group Series C by 1.93%, still holding around 10.92 million shares, which have jumped 34% since the end of Q2 [6] - In Q2, Berkshire sold over 633,000 shares of Louisiana-Pacific, representing a 9.6% reduction in its stake, while the stock has risen 31% since then [7][8] Group 2: Future Prospects for Louisiana-Pacific - Louisiana-Pacific's share price may continue to rise due to potential interest rate cuts, as the Federal Reserve recently announced a 0.5% reduction [10][11] - Lower interest rates are expected to correlate with lower mortgage rates, which should stimulate homebuilding and increase demand for Louisiana-Pacific's engineered wood products [11] - The outcome of the November elections could further impact Louisiana-Pacific positively, as proposed incentives by Vice President Kamala Harris may boost new home construction [12]