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.