If anyone knows how to invest across different economic cycles, it's Berkshire Hathaway CEO, Warren Buffett. From 1964 to 2021, Buffett has thrived across eight recessions -- delivering investors returns of over 3,600,000%. The secret to his success is simple: Invest in high-quality companies with a margin of safety and hold on to winners as long as they continue delivering results.

This year has been a challenge for investors, but it serves as an excellent reminder to buy companies that can produce regardless of the economy. Here are two stellar Buffett stocks you can buy today and one to avoid for the time being.

American Express (NYSE: AXP) is the fifth-largest holding for Berkshire Hathaway, which it has owned since 1993. American Express operates the third-largest credit card network in the U.S., trailing only Visa and Mastercard. American Express makes nearly as much revenue as the two companies combined because it processes transactions as well as issues cards -- something Visa and Mastercard don't do.

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Source Fool.com