Top 10 Warren Buffett Stocks Of March 2024

10 Warren Buffett Stocks Of March: Most people agree that one of the most successful investors in history is Warren Buffett. Due to his extensive track record of selecting winners, Buffett has gained a loyal following among investors and is referred to as the “Oracle of Omaha”.

The company’s stock portfolio has extremely strong performing holdings, and many investors use portfolio changes as a reference for their own investment decisions.

The percentage stake of each stock in Berkshire Hathaway’s whole equity portfolio is used to rank the next ten stocks. The company’s most recent 13F filing with the Securities and Exchange Commission (SEC) and supplementary analysis from prominent financial media are the sources of all data.

The Best Warren Buffett Stocks 2024

1. Apple Inc. (AAPL)

Apple stands as the most valuable public corporation globally and is the largest stock position of Warren Buffet. Tim Cook, the CEO, has guided Apple to keep offering exceptional value to its long-term investors.

In 2016, Berkshire Hathaway started making investments in Apple. With almost 41% of the company’s entire portfolio, AAPL now constitutes its biggest equity holding.

  • Berkshire’s Stake-5.9%
  • Value of Stake-$153.0 billion
  • Share of Berkshire’s Portfolio-42.3%

2. Bank of America Corp. (BAC)

A well-known financial institution and bank holding company in the US is Bank of America. Its strong consumer division provides credit cards, mortgages, and checking and savings accounts. It also provides financial services and solutions to corporate clients worldwide.

When the bank was challenged by the eurozone financial crisis in 2011, Warren Buffet made his first investment in BAC. Over ten percent of Berkshire Hathaway’s assets are in Bank of America.

  • Berkshire’s Stake-13.1%
  • Value of Stake-$36.8 billion
  • Share of Berkshire’s Portfolio-10.2%

3. American Express Co. (AXP)

The most recognisable product that American Express sells is credit cards. However, the business also runs a number of financial services, merchant services, payment and expenditure management systems, and travel-related services.

Starting in 1991, Buffett made his first investments in American Express by purchasing preferred stock, which was later converted to ordinary stock in 1994. Currently, AXP represents about 8% of Berkshire Hathaway’s portfolio.

  • Berkshire’s Stake-20.9%
  • Value of Stake-$33.9 billion
  • Share of Berkshire’s Portfolio-9.4%

4. Coca-Cola Co (KO)

Coca-Cola, which sells everything from its well-known namesake cola to snacks and sports drinks, is one of the largest consumer staples stocks in the United States. Even though KO competes in several fiercely competitive areas, it has always offered stable dividend payments and strong returns.

The oldest equity holding held by Berkshire is Coca-Cola; the company began purchasing KO in 1988. It is well known that Buffett will never sell any of his stock, and now, 7% of Berkshire Hathaway’s holdings are Coca-Cola.

  • Berkshire’s Stake-9.3%
  • Value of Stake-$23.8 billion
  • Share of Berkshire’s Portfolio-6.6%

5. Chevron Corp (CVX)

Chevron is the second-biggest energy corporation in the United States market, after ExxonMobil (XOM), and one of the world’s most diversified international energy businesses. The corporation is involved in all phases of petroleum product production, refining, and retailing.

Berkshire’s position in CVX is quite recent; the business first bought shares towards the end of 2020. Currently, Chevron represents 8.3% of Berkshire Hathaway’s assets.

  • Berkshire’s Stake-6.8%
  • Value of Stake-$18.8 billion
  • Share of Berkshire’s Portfolio-5.2%

6. Occidental Petroleum Corporation (OXY)

An American energy business called Occidental Petroleum is involved in the production and development of natural gas and crude oil. OXY, in contrast to Chevron, is focused on the home market; by 2022, it expects to account for 80% of its output.

Preferred stock in OXY was initially purchased by Buffett in 2019 while the business was seeking funding to acquire Anadarko Petroleum. Since then, Berkshire has amassed a sizable interest in the business; some speculate that Buffett plans to buy the company altogether. Occidental now represents around 4% of Berkshire Hathaway’s portfolio.

  • Berkshire’s Stake-28.2%
  • Value of Stake-$15.1 billion
  • Share of Berkshire’s Portfolio-4.2%

7. Kraft Heinz Co. (KHC)

This massive food and beverage company was formed in 2015 as a result of the merger of Kraft and Heinz, and it has offices in Pittsburgh and Chicago. From the famous cheese and ketchup products of its two namesakes to a variety of beverages, snacks, and processed meals, KHC produces a wide range of goods nowadays.

In 2013, Buffett made his first investment in H.J. Heinz Co., assisting 3G Capital in acquiring the business. Although Buffett has been quite transparent with investors in acknowledging that KHC has not been one of his best investment selections, he was also involved in the midway of the merger with Kraft in 2015. Currently, KHC accounts for around 3.8% of Berkshire Hathaway’s assets.

  • Berkshire’s Stake-26.8%
  • Value of Stake-$11.2 billion
  • Share of Berkshire’s Portfolio-3.1%

8. Moody’s Corporation (MCO)

Financial services provider Moody’s produces bond and credit ratings for governments and businesses. Its ratings assess both public and private firms’ financial outlooks and stability. The three leading agencies, together with S&P Global and Fitch Ratings, jointly hold a 95% market share in bond ratings.

Among Berkshire Hathaway’s oldest interests is MCO. When the business was initially carved off from Dun & Bradstreet, which he held but later sold off, Buffett was given an interest in it. Currently, 2.2% of Berkshire Hathaway’s portfolio is owned by Moody’s.

  • Berkshire’s Stake-13.5%
  • Value of Stake-$9.7 billion
  • Share of Berkshire’s Portfolio-2.7%

9. Mitsubishi Corp. (MTSUY)

In June, Berkshire Hathaway moved a few American firms out of its top 10 holdings list by increasing its position in five different Japanese companies. According to Buffett, he plans to hold onto all five businesses in the long term. Mitsubishi Corp. is now the company in which Berkshire has the highest interest.

Mitsubishi Corp.’s origins date back to 1870, when Yataro Iwasaki established the company as a shipping company with just three steamships. After many split firms recovered the Mitsubishi brand in 1954, Mitsubishi reincorporated and is now one of the biggest publicly listed corporations in Japan.

  • Berkshire’s Stake-8.6%
  • Value of Stake-$7.9 billion
  • Share of Berkshire’s Portfolio-2.2%

10. Mitsui & Co. (MITSY)

One of the biggest companies in the world, Mitsui has operations in 63 countries and over 5,000 people. Nonetheless, Tokyo remains the location of the company’s headquarters. Mitsui operates in several areas, such as energy, infrastructure, nutrition, agriculture, mineral and metal resources, and more.

Similar to other Japanese firms that Buffett selected for his June 2023 investments, Mitsui is listed on the Tokyo Stock Exchange. American Depository Receipts (ADRs) for the company’s equity are available to investors in the over-the-counter (OTC) market. While a lot of ADRs and OTC stocks have liquidity problems, it’s unlikely that a business the size of MITSY would have any.

  • Berkshire’s Stake-8.3%
  • Value of Stake-$5.7 billion
  • Share of Berkshire’s Portfolio-1.6%

Warren Buffett Stock Investing Guide

Purchasing equities that are favoured by Warren Buffett is identical to purchasing any other stock that you may want to hold.

Doing your own research should be the first thing you do. Verify if the stock is a suitable match for your portfolio in addition to the fact that you believe it to be a solid investment on its own. Each person has different financial demands depending on their objectives, current situation, and desired future state.

The mere fact that Warren Buffett owns a stock does not suggest that it is the best choice for your portfolio. It’s always advisable to speak with a financial advisor before making any investing decisions if you’re unsure about which stocks are best for you.

After determining which Warren Buffett stocks to buy, you must create a brokerage account, fund it, and then submit the purchase order needed to acquire the stock. The order will often be fulfilled right away.

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Article source: https://www.forbes.com/advisor/investing/best-warren-buffett-stocks/