Wells Fargo & Co (WFC) & The Rest Of Warren Buffett’s Cheap Stock Picks

Page 2 of 2

Final thoughts

Unlike many mega-investors, which use their capital to uncover hidden gems in the financial markets, Warren Buffett couldn’t be invested in equities that are any more visible. If it isn’t broke, though, why fix it? From GM to the banks U.S. Bancorp (NYSE:USB)and Wells Fargo & Co (NYSE:WFC), to post-split darlings ConocoPhillips (NYSE:COP) and Phillips 66 (NYSE:PSX), there’s solid value at every turn.

In short, there aren’t many—if any—investors we’d recommend piggybacking based on sheer intelligence, but Buffett is the man to watch. If he’s bullish, there’s at least a compelling reason why you should be too, and judging by each of the five stocks mentioned above, there’s potential for value-based appreciation moving forward.

This article is written by Matt Doiron and edited by Meena Krishnamsetty. Meena has long positions in COP and PSX. The Motley Fool recommends General Motors and Wells Fargo. The Motley Fool owns shares of Wells Fargo.

The article Warren Buffett’s Cheap Stock Picks originally appeared on Fool.com.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2