Berkshire, Broadcom & Nucor Are Revving Their Buyback Engines

• Berkshire Hathaway is signaling that its shares are below their intrinsic value as it restarts buyback spending.

• Chips giant Broadcom likely sees something similar in its stock as the firm’s buyback activity is picking up big-time.

• Steel giant Nucor has surged over the past 52 weeks and now has large buyback capacity.

• Interested in Berkshire Hathaway Inc.? Here are five stocks we like better.

Two stocks with market capitalizations over $1 trillion and North America’s top dog in steel production just made significant buyback announcements. All three of these companies are indicating confidence in their outlooks going forward, with the world’s largest financial services stock clearly believing that investors are undervaluing it.

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.B) is one of the most renowned investment firms of all time….