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Speaking on
CNBC's Fast Money, Laszlo Birinyi of Birinyi Associates said that he would buy
Microsoft CorporationMSFT in the current market environment because it won't hurt him. He want to be defensive until he gets a clearer picture what is going on with the market. He thinks that the stock has upside potential, but perhaps not until a week or two.
Birinyi also likes
Berkshire Hathaway Inc. (NYSE:
BRK-B), because it is a quick way to get in the market and get exposure to a lot of different sectors. He would own it regardless the market environment.
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