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Here's Why Buffett Bought STORE Capital

(Published by Nick McCullum on July 3)

Warren Buffett (Trades, Portfolio) made headlines last week when he purchased 9.8% of STORE Capital (STOR) for $377 million on behalf of his conglomerate Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B).

Buffett is the most iconic - and most successful - investor of our time. Through decades of profitable business and investment, he has grown Berkshire to a market capitalization of $400 billion plus.

Thus, when he buys a stock, I tend to pay attention.

Buffett's investment portfolio is full of high-quality dividend stocks, which is surprising for many who know Buffett primarily as a value investor.

You can see Buffett's complete investment portfolio analyzed in detail here.

STORE Capital is the newest addition to Buffett's portfolio. A closer look reveals that there are many reasons why Buffett might like this stock. Although it is a young real estate investment trust (REIT) that IPO'd in 2014, the trust has expertise in middle-market real estate solutions.

The REIT also has a...


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