What Percentage of American Express Does Warren Buffett Own?
Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) portfolio contains dozens of stocks, most of which were selected by CEO Warren Buffett. While this makes for a long list of "Buffett stocks," many investors don't realize just how top-heavy Berkshire's portfolio is -- that is, how most of the portfolio's value is in just a handful of companies.
One of Berkshire's major holdings is American Express (NYSE: AXP), which has been a part of Berkshire's portfolio since Buffett invested in convertible preferred stock in the company in 1991. Here's a rundown of the numbers behind Berkshire's American Express investment, and why Warren Buffett likes the company so much.
Image Source: The Motley Fool.
Source: Fool.com
American Express Co. Stock
€232.20
1.380%
Our community is currently high on American Express Co. with 27 Buy predictions and 6 Sell predictions.
As a result the target price of 241 € shows a slightly positive potential of 3.79% compared to the current price of 232.2 € for American Express Co..
