Analysis and Recommendations of 3 No-Brainer Warren Buffett Stocks

Saturday, 25 May 2024, 09:50

Discover why investing in Amazon, Marubeni, and Occidental Petroleum could be a strategic move. While Buffett's stock-buying activity has slowed down, these stocks offer promising opportunities. Get insights into the reasons behind Buffett's interest and valuable expert advice on these top-tier investments.
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Analysis and Recommendations of 3 No-Brainer Warren Buffett Stocks

Top 3 Warren Buffett Stocks to Buy

The reasons to buy these Buffett stocks are compelling. Warren Buffett doesn't like stocks -- at least, not many of them right now. He told Berkshire Hathaway shareholders earlier this month that he finds it "quite attractive" to sit atop a massive cash stockpile instead of buying stocks.

Amazon

Amazon continues to give shareholders plenty to dance about. The stock soared nearly 81% last year. It's up around 20% so far in 2024. One number in Amazon's first-quarter results sums up why investors like the stock so much these days: 229%. That's how much the company's earnings soared year over year in Q1.

  • Opportunities in digital advertising
  • Amazon Web Services business prospects

Marubeni

Marubeni is one of Buffett's favorite stocks. It is one of five Japanese stocks Berkshire bought a few years ago; Buffett likes each company's smart stock buybacks and attractive dividends. Marubeni's shares trade at roughly 11 times trailing earnings, the cheapest multiple in the group.

Occidental Petroleum

Occidental is a notable exception in Buffett's portfolio. He likes the company's significant U.S. oil and gas assets and its leadership in carbon capture technology. Occidental is reasonably priced with a forward earnings multiple under 15. Hollub predicts an oil supply shortage by late 2025.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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