Is This Top Warren Buffett Holding a No-Brainer Stock for Your Portfolio?
Berkshire Hathaway, the conglomerate headed by Warren Buffett, has its hands in numerous industries. But it also has a huge public equities portfolio, valued at roughly $350 billion. By looking at what the legendary investor owns, the average investor immediately has a valuable source of new stock ideas to consider.
But of the dozens of stocks Buffett owns, there's one you might want to take a closer look at right now. Top financial enterprise American Express (NYSE: AXP) is the third-largest holding, as Berkshire owns 20% of the outstanding shares. It has a unique business model that has its advantages.
So, is this top Buffett holding a no-brainer stock for your portfolio?
Source Fool.com