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1 Top Warren Buffett Stock Down 28% That Could Double Your Money in 5 Years
In the past 40 years, Berkshire Hathaway has compounded shareholder capital to the tune of 40,000%. The conglomerate has done this under the direction of Warren Buffett, arguably the greatest capital allocator ever who knows how to pick winners.There's one top holding for Berkshire, representing 13.8% of the portfolio, that might interest average investors right now: American Express (NYSE: AXP). The Oracle of Omaha's firm controls about one-fifth of the business. The stock is trading 28% off its record, spurred by an alarming 10% drop on April 3 probably driven by fears that tariffs will pressure spending activity. Nonetheless, I think the setup here could lead to a doubling of your money in the next five years.Continue reading
In the past 40 years, Berkshire Hathaway has compounded shareholder capital to the tune of 40,000%. The conglomerate has done this under the direction of Warren Buffett, arguably the greatest capital allocator ever who knows how to pick winners.
There's one top holding for Berkshire, representing 13.8% of the portfolio, that might interest average investors right now: American Express (NYSE: AXP). The Oracle of Omaha's firm controls about one-fifth of the business.
The stock is trading 28% off its record, spurred by an alarming 10% drop on April 3 probably driven by fears that tariffs will pressure spending activity. Nonetheless, I think the setup here could lead to a doubling of your money in the next five years.
