Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, continues to set benchmarks for value investing with his time-tested strategies. Known for his disciplined approach and keen eye for value, Buffett’s portfolio offers insights into some of the best investment opportunities. As we navigate through 2024, here are eight standout Warren Buffett-owned stocks to consider, according to CFRA:
- Apple Inc. (AAPL)
Apple remains Buffett’s largest public stock holding, representing nearly 30% of his total portfolio. The company’s dominance in technology and innovation, particularly in AI and its vast ecosystem, keeps it at the forefront. CFRA has a “buy” rating with a $260 price target for AAPL, which closed at $222.50 on September 13. - American Express Co. (AXP)
A long-standing Buffett investment, American Express is known for its strong performance in credit card services and digital payments. With a projected 7% compound annual revenue growth, CFRA maintains a “buy” rating and a $295 price target for AXP, which closed at $259 on September 13. - Moody’s Corp. (MCO)
As a leader in credit ratings and financial data, Moody’s is well-positioned to benefit from increased debt issuance and a favorable interest rate environment. CFRA’s “buy” rating comes with a $560 price target, up from its September 13 close of $476.96. - Kraft Heinz Co. (KHC)
Despite recent challenges, Kraft Heinz is restructuring and aiming for growth. The company’s extensive product portfolio and strategic initiatives are expected to drive performance. CFRA has a “buy” rating and a $41 price target, with the stock closing at $35.59 on September 13. - Chubb Ltd. (CB)
As the world’s largest publicly traded property and casualty insurance company, Chubb is leveraging favorable pricing and lower claim costs. CFRA’s “buy” rating comes with a $302 price target, slightly above its September 13 closing price of $288.87. - Citigroup Inc. (C)
Despite a reduction in Buffett’s bank stock holdings, Citigroup remains a strong performer with its diverse financial services and growth opportunities. CFRA has a “buy” rating and a $73 price target for C, which closed at $57.67 on September 13. - Visa Inc. (V)
Visa continues to benefit from global payment trends and its extensive electronic payment network. With a significant global market and a focus on cashless transactions, CFRA maintains a “buy” rating and a $310 price target, up from its September 13 close of $287.35. - Mastercard Inc. (MA)
Another key player in the payments sector, Mastercard is noted for its innovation and execution. With strong management and opportunities to expand margins, CFRA’s “buy” rating comes with a $560 price target, compared to its closing price of $493.36 on September 13.
These stocks reflect Buffett’s commitment to value investing and his belief in the long-term potential of these companies. Investors looking to emulate Buffett’s strategy might find these selections a valuable addition to their portfolios.
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As an author and writer specializing in investment and finance , I am dedicated to delivering insightful articles and news stories that inform and engage the investment community . My focus is on providing timely and relevant content that covers market trends , innovative strategies , and key financial development . My goal is to equip investors with the knowledge and insights needed to make informed decisions and succeed in a dynamic financial environment.