Published on 19 Jul 2024 on Insider Monkey · via Yahoo Finance

Why Is Pacific Biosciences of California, Inc. (PACB) the Best Micro Cap Stocks...

We recently compiled a list of the 10 Micro Cap Stocks That Will Skyrocket. In this article, we are going to take a look at where Pacific Biosciences of California, Inc. (NASDAQ:PACB) stands against the other micro cap stocks.

One of the more well known quotes of Warren Buffett is "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years." The learning from this quote is simple. Buffett believes that the only investments one should make should be those that should accrete value over the long term. However, the biggest tech stock holding in Buffett's latest 13F SEC filings is up by a whopping 181,533% since its shares started trading in 1984. However, the Oracle of Omaha only took a stake in this firm in 2016, when he became convinced that it had an unbeatable moat that would lead the industry in the future. Since his purchase, this stock has gained 692%, so safe to say, that while Buffett has undoubtedly reaped more returns by earning stable dividends through this stock, he nevertheless missed out on its fastest growth years.