Stocks

Warren Buffett's Recent Stock Purchases: A Year in Review

Published May 26, 2024

Warren Buffett, the chairman and CEO of Berkshire Hathaway, is widely regarded as one of the most successful investors of all time. His investment decisions are closely followed by investors around the globe. Over the past twelve months, Buffett has made a series of notable stock purchases. Understanding his investment decisions could provide valuable insights for other investors looking to enhance their portfolios.

Chevron Corporation CVX

Chevron Corporation, an American multinational energy corporation, is among the notable additions to Buffett's portfolio. As one of the successor companies of Standard Oil, and headquartered in San Ramon, California, CVX operates in over 180 countries. The company is involved in numerous aspects of the oil and natural gas industries, which includes exploration, production, refining, marketing, transport, chemicals manufacturing, and power generation. The investment in CVFV signifies Buffett's confidence in the energy sector, and its potential for consistent returns.

Sirius XM Holdings Inc. SIRI

SIRI is known for providing subscription-based satellite radio services in the United States. Buffett's investment in Sirius XM Holdings suggests a belief in the company's business model and its ability to generate sustainable revenue through subscriber growth and retention.

Lennar Corporation LEN

LEN, a prominent player in home construction and real estate based in Fontainebleau, Florida, is another addition to Berkshire Hathaway's diverse investment portfolio. The investment in Lennar Corporation indicates Buffett's positive outlook on the housing market and the company's capacity to capitalize on real estate trends.

Chubb Limited CB

The addition of Chubb Limited to Buffett's investment list represents a strategic move into the insurance sector. Chubb Limited, headquartered in Zurich, Switzerland, is a global insurance leader with a vast array of products, including property, casualty, accident, health, reinsurance, and life insurance. CB stands as the largest publicly traded property and casualty insurance company in the world, which could imply a stable investment choice in Buffett's eyes.

Buffett, Investment, Strategy