Buffett's largest holding at Berkshire is counting on artificial intelligence (AI) to reignite its growth engine. Meanwhile, AI is integral to sustained double-digit growth for one of America's most well-known consumer-facing businesses.
Warren Buffett has delivered market-beating performance over the long haul. Investors keep a close eye on the billionaire’s moves, hoping to follow some of his successes. Buffett’s latest move tells us something important and could impact whether we win or lose over the long term.
Like all companies, American Express' fortunes wax and wane over time. But if you think in decades and not days, it is a very desirable business. This is why Buffett likely owns it -- and also why you probably shouldn't buy it right now.
Since launching a new stake in the U.S. oil producer Occidental Petroleum ( OXY -2.09%), Berkshire has bought the stock like there is no tomorrow. Occidental is the sixth-largest position in Berkshire's portfolio, and Berkshire now owns over 28% of outstanding shares.
The legendary investor has continued to buy some stocks, albeit not as many as in the past. This seems to show that Buffett is concerned about frothy valuations but is still able to find some stocks that meet his investment criteria. Other investors probably will be able to pick stocks that aren't too expensive as well.
The roughly $78 billion the Oracle of Omaha has spent buying this stock since mid-2018 decisively signals it's his favorite.
Sirius XM reported its fourth-quarter and full-year 2024 results on Thursday morning, and the short explanation is this is the driving force behind the move in the stock. The company beat expectations on both the top and bottom lines, but looking beyond the headlines, there's a lot to like.
Buffett's financial stocks include major holdings such as American Express and Bank of America. Jefferies Financial has been his biggest winner recently, while Ally Financial is the cheapest and offers the juiciest dividend.
SiriusXM ( SIRI 5.82%) stock jumped in Thursday's trading after the company published better-than-expected fourth-quarter results. The satellite radio specialist's share price closed out the daily session up 5.8% amid the backdrop of a 0.5% gain for the S&P 500 index and a 0.2% gain for the Nasdaq Composite index.
Warren Buffett shifted the majority of Berkshire's investment capital to cash and Treasuries in 2024. There's a clear reason why Buffett sold more stocks than he bought in 2024, but it might not be what you think.
Warren Buffett's historic $127 billion warning to Wall Street happens to align with another stock market alarm. Specifically, the S&P 500 currently trades at a historically expensive valuation. The index achieved a cyclically adjusted price-to-earnings ratio (CAPE) of 37.9 in December 2024, which is a substantial premium to 20-year average of 27.
Did you buy too many high-risk stocks that did poorly in 2024? Now is the perfect time to switch things up and build a durable portfolio that can sustain and grow your wealth over the long haul. Many of us wait for the new year to invest more money into our retirement accounts.