1 No-Brainer Warren Buffett Stock to Buy Right Now
Searching for a steady performer in a volatile market? This legendary investment can sweeten your portfolio for the long haul.
I'll admit it -- I don't understand most of Warren Buffett's investments.
His Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holds massive stakes in financial giants like American Express, Bank of America, and Chubb. If the subprime mortgage meltdown of 2008 taught me anything, it would be that I don't get how the banking sector works and should never own banking stocks again.
It also holds gigantic positions in oil and energy giants such as Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY). I'm sure Buffett has his reasons, but it seems obvious to me that the world is moving on from the fossil fuels era. The only traditional energy titans I would consider buying shares of would be the ones best prepared to tackle renewable and alternative energy sources.
