5 Best Warren Buffett Stocks To Buy Now

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In this article, we discuss the 5 best stock picks of Warren Buffett. If you want our detailed analysis of these stocks, go directly to the 15 Best Warren Buffett Stocks To Buy Now

5. American Express Company (NYSE:AXP)

American Express is the fifth biggest holding of Warren Buffett as his hedge fund owns a 151 million shares of the company, worth $21 billion. American Express (NYSE:AXP) recently fell after the company posted Q3 results which included an increased provision for credit losses amid the uncertain economic outlook. The company’s U.S consumer credit card delinquency rate also increased in September from August. The stock has a dividend yield of 1.49% as of October 23.

As of the end of the second quarter, 67 hedge funds tracked by Insider Monkey had stakes in the company. Warren Buffett is the biggest stakeholder of the company. Fisher Asset Management of Ken Fisher has a $2.1 billion stake in the company.

Follow American Express Co (NYSE:AXP)

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