Warren Buffett's top stock picks according to the document are DirecTV, whose subscriber base and revenue grew last year, Wells Fargo, Berkshire's largest holding despite being valued at a premium, Phillips 66, an oil and gas company whose earnings are expected to improve and shares have risen 80% in a year, and Procter & Gamble, a stable company with a low beta and solid dividend yield of 3% that is also popular among hedge funds.
2. DirecTV
DirecTV (DTV) Buffet currently owns 37
million shares.
It is an American direct broadcast
satellite service provider and
broadcaster.
DirecTV had 35.56 million subscribers
Revenue grew by around 8% last year.
PEG ratio is well below 1
3. Wells Fargo & Co
Is an American multinational banking and
financial services holding company
This is Berkshires largest holding position
despite Well Fargo being valued at a
considerable premium to book.
Its earnings multiples are low (in the 11-12
range) in absolute terms.
4. Phillips 66
Oil and gas refining and marketing
company.
This is another of Buffets stock picks with
high, owning more than 26 million shares.
Earnings per share to improve over the
long term.
Has risen about 80% in the last year
This is a popular stock among hedge
funds.
5. Procter & Gamble
Procter & Gamble is also one of Warren
Buffet favourite stock picks.
Currently owns 53 million shares.
Its financial are constantly stable.
Its a safe investment with a Beta of 0.3
and solid dividend yield of 3%.
Another company popular among hedge
funds.
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