AXP - Prediction: These 3 Warren Buffett Stocks Will Be the Biggest Winners in 2024
2023-12-24 05:50:00 ET
I've never heard Warren Buffett predict which stocks in Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) portfolio will deliver the greatest gains over the next year. He's called the Oracle of Omaha, but even Buffett knows that such near-term predictions usually fall short.
But I'm about to give it a shot anyway. I fully realize the folly of attempting something that Buffett wouldn't do. However, I nonetheless predict that three of the stocks he owns will be his biggest winners in 2024. Here are those stocks (listed in alphabetical order), along with why I have great expectations for each one.
American Express (NYSE: AXP) emerged as one of Buffett's best-performing stocks this year. Shares of the financial services giant were in negative territory as recently as October. However, a fourth-quarter surge now has the stock on track to finish 2023 up more than 25%.
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Prediction: These 3 Warren Buffett Stocks Will Be the Biggest Winners in 2024