Warren Buffett’s 5 Stock Picks with Huge Upside Potential

2. Chevron Corporation (NYSE:CVX)

Berkshire Hathaway Holding: $18.50 billion

Upside Potential: 30%

Chevron Corporation (NYSE:CVX) is another energy company in Warren Buffett’s portfolio that has a huge upside potential. During the third quarter, Berkshire Hathaway cut its stake in Chevron by 10.5% to 110.25 million shares. At the end of October, Chevron Corporation (NYSE:CVX)’s stock took a nosedive amid the company announcing an agreement to buy Hess Corp. (NYSE:HES) in an all-stock deal worth $53 billion. Moreover, for the third quarter, Chevron Corporation (NYSE:CVX) reported EPS of $3.05, missing the estimates by $0.63, although its revenue of $54.08 billion came in $1.08 billion higher than expected. Among the funds tracked by Insider Monkey, 72 investors held a total of $1.78 billion worth of Chevron Corporation (NYSE:CVX) stock.