The bulk of Warren Buffett's stock portfolio is concentrated in Apple (NASDAQ: AAPL), Bank of America (NYSE: BAC), and a handful of energy stocks, so these companies rightly get a lot of attention. But there are other noteworthy stocks in the Oracle of Omaha's portfolio. Moody's (NYSE: MCO) is one of them. It pays a dividend, but besides that, history says it might almost be about time to start buying. Here's why.

Moody's is a financial data and credit rating company. Perhaps you've seen Moody's rankings on a company's bonds, helping investors assess how risky it would be to buy the debt. Or maybe you remember Moody's for its role in incorrectly assessing the risk of mortgage-backed securities leading up to the Great Recession of 2007-9. The company does much more than that, with a broad set of services that provide analytics and financial data. 

But for our discussion here, know that Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has 1.9% of its stock portfolio invested in Moody's. That represents a stake of more than 13% in the company. That position was much higher more than a decade ago , when Berkshire held upward of 20% of Moody's stock. Buffett and his company reduced its holdings in the wake of the financial crisis. 

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Source Fool.com