Top 10 Warren Buffett Stocks To Buy In 2024

Apple is the world’s most valuable public company and Warren Buffet’s largest stock holding. Under the leadership of CEO Tim Cook, Apple has continued to provide outstanding value to long-term shareholders.

Berkshire Hathaway began investing in Apple back in 2016. Today, AAPL represents the company’s largest equity position, making up more than 41% of its total portfolio.

Bank of America is a leading U.S. financial firm and bank holding company. Its robust consumer business offers checking and savings accounts, credit cards and mortgages. It also caters to business customers around the globe with financial products and services.

Warren Buffet first invested in BAC in 2011, when the eurozone debt crisis threatened the bank. Bank of America makes up more than 10% of Berkshire Hathaway’s holdings.

Coca-Cola is one of the biggest consumer staples stocks in the U.S., offering products from its iconic namesake cola to snacks and sports drinks. Despite operating in many highly competitive markets, KO has provided solid returns and dependable dividends for decades.

Coca-Cola is Berkshire’s oldest equity position—the firm first started buying KO in 1988. Buffett is on the record asserting that he will never sell any of his shares, and Coca-Cola makes up around 7% of Berkshire Hathaway’s portfolio today.

American Express is best known for its iconic credit cards. Still, the company also operates a range of travel-related services, banking products, merchant services and payment and expense management systems.

Buffett began investing in American Express starting in 1991, buying preferred stock and those converted to common stock in 1994. Today, AXP makes up more than 8% of Berkshire Hathaway’s portfolio.

Chevron is one of the largest diversified, multinational energy companies on earth and is the second biggest energy company in the U.S. market after ExxonMobil (XOM). The company is active in every stage of producing, refining and retailing petroleum products.

CVX is a relatively new holding for Berkshire—the company first purchased shares at the end of 2020. Today, Chevron makes up approximately 8.3% of Berkshire Hathaway’s holdings.

Co-headquartered in Chicago and Pittsburgh, this food-and-beverage giant emerged from the 2015 merger of Kraft and Heinz. Today, KHC makes a wide variety of products, from the iconic ketchup and cheese products of its two namesakes to a range of drinks, snacks and processed foods.

Buffett first invested in H.J. Heinz Co. in 2013, helping 3G Capital acquire the company. He was also involved in midwifing the merger with Kraft in 2015—although Buffett has been very open with investors in admitting that KHC has not been one of his finest investment choices. Today, KHC represents around 3.8% of Berkshire Hathaway’s holdings.

Occidental Petroleum is a U.S. energy company engaged in the exploration and production of crude oil and natural gas. Unlike Chevron, OXY has a domestic focus, with 80% of its production expected to come from the U.S. in 2022.

Buffett first bought preferred stock in OXY in 2019, when the company was looking for financing for its purchase of Anadarko Petroleum. Since then, Berkshire has built a large stake in the company, and some say Buffett intends to acquire the entire firm outright. Occidental currently makes up almost 4% of Berkshire Hathaway’s holdings.

Moody’s is a financial services company that publishes bond and credit ratings on companies and governments. Its ratings evaluate the financial stability and outlook of public and private companies. Together with S&P Global and Fitch Ratings, the three top agencies control 95% of the market for bond ratings.

MCO is one of Berkshire Hathaway’s oldest holdings. Buffett first received a stake in the company when it was spun out of Dun & Bradstreet, which he owned but subsequently sold off. Today Moody’s accounts for 2.2% of Berkshire Hathaway’s portfolio.

Activision Blizzard, Inc. is an American video game holding company based in Santa Monica, California. It was founded in July 2008 through the merger of Activision, Inc. and Vivendi Games. In January 2022, Microsoft announced a deal to acquire ATVI for more than $68 billion, although the deal has been tied up in antitrust regulatory purgatory since then.

Buffett bought his shares of ATVI in late 2021. Today, the stake is 1.2% of Berkshire Hathaway’s portfolio.

Founded in 1939 as the Hewlett-Packard Company, HP is a pioneer of the global tech industry. Today the company’s three business divisions are personal systems, printing and corporate investments. There was a time when every engineer swore by their Hewlett-Packard calculator, whereas now the personal systems segment is dedicated to laptop and home computers. The firm remains a major player in printers and 3D imaging solutions, while its corporate investments arm provides incubation and investment in startup projects.

Buffett famously avoided the tech industry until the mid-part of the last decade, when Berkshire began buying up shares of Apple. HPQ is a newer tech investment for Buffet, who started establishing a stake in the company in early 2022.