Monday, November 11, 2024

Will This Buffett Favorite Skyrocket Under Trump?

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Monday, November 11th 2024

Will This Buffett Favorite Skyrocket Under Trump?

Chevron (NYSE:CVX) ranks among Warren Buffett's favorite stocks and is Berkshire Hathaway's fifth-largest position with total exposure of $18.6 billion.

 

While Buffett has recently slashed some of Berkshire's holdings, including his stake in Apple, he has only trimmed Chevron by single-digit percentages this year.

 

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1 Trillion Reasons to Buy Costco?

Costco (NASDAQ:COST) has seen enormous success with its membership-driven wholesale approach to retail shopping.

 

Listed as the third-largest retailer in the world behind only Walmart and Amazon, Costco is an increasingly popular option among cost-conscious shoppers looking to stretch their household budgets by buying in bulk at low prices.

 

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Nvidia (NASDAQ: NVDA) has rapidly cemented its place as one of the most sought-after stocks after seizing the role of toll road through which all big tech must travel to enter the artificial intelligence ecosystem.

 

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The Magnificent 7 Have a New Trillion Dollar Rival

Berkshire Hathaway (NYSE:BRK.B) is arguably one of the most successful companies in American history. The conglomerate founded by Warren Buffett now owns stakes in both large public companies and several wholly-owned subsidiaries.

 

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- G. O'Fiachra

 

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