Finance

Warren Buffett's Current Investment Moves: Two Stocks to Buy and One to Steer Clear Of

Published October 11, 2024

Warren Buffett, nicknamed the Oracle of Omaha for his investing acumen, remains a major influence in the world of finance. Although Buffett has retained his stock-picking prowess, not all of his picks continue to be favorable in the eyes of investors. In this analysis, we explore two of his investments that show promise for acquisition and one that might be best to pass up for now.

Berkshire Hathaway Inc. BRK-A

Headquartered in Omaha, Nebraska, Berkshire Hathaway Inc. BRK-A is a colossal conglomerate holding various companies outright, such as GEICO, Dairy Queen, and BNSF, among others. It also holds significant stakes in major corporations like Apple and Bank of America. With its diverse portfolio and strong leadership, Berkshire Hathaway stands as a solid choice for investors looking to mimic Buffett's approach to building wealth through a mix of wholly-owned businesses and substantial equity investments.

Chubb Limited CB

The world's largest publicly traded property and casualty insurer, Chubb Limited CB, operates out of Zurich, Switzerland. It offers a broad spectrum of insurance products, from life insurance to reinsurance and health coverage. As insurance is known for its resilience during economic downturns, Chubb's global presence and substantial market cap make it an attractive pick for those seeking a mix of stability and growth.

The Kroger Co. KR

The Kroger Co. KR stands as one of America's largest grocery retailers, founding its roots back in 1883. Amidst a competitive industry, Kroger continues to hold significant market share and adapt to the evolving retail landscape, which includes online grocery services and home delivery. With a focus on customer loyalty and efficiency improvements, Kroger is a Buffett stock for investors to consider buying.

Nu Holdings Ltd. NU

In contrast to the two aforementioned companies, Nu Holdings Ltd. NU, headquartered in the Cayman Islands, represents the tech industry, focusing particularly on financial technology. Despite the potential for high growth, investors might be cautious before diving into Nu Holdings, as tech stocks can often be volatile and sensitive to market shifts. Decision-makers may choose to observe this Buffett pick from the sidelines as it develops further.

Buffett, Investments, Stocks