3 Warren Buffett Stocks to Buy in April
Warren Buffett has built his reputation over the years by succeeding with investments in a variety of industries. However, the specter of the coronavirus pandemic has cast a somewhat dark cloud over Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock portfolio. Their status as Warren Buffett stocks did not necessarily make these companies immune to the COVID-19 stock sell-off.
Still, declines do not necessarily negate the Buffett philosophy. Warren Buffett famously stated, "Be fearful when others are greedy, and greedy when others are fearful." Thus, today's environment could suit those who want to buy under this philosophy well. While numerous Buffett stocks could produce higher returns, investors should pay particular attention to these three: American Express (NYSE: AXP), Restaurant Brands International (NYSE: QSR), and Southwest Airlines (NYSE: LUV).
The fintech industry generally has benefited as society grows increasingly cashless. However, one war on cash stock that appears underappreciated is American Express. Buffett bought this early pick in his portfolio in the early 1960s after a bad loan led to doubts about the company's long-term survival. The company recovered, and it has delivered enormous gains for Buffett over the last few decades.
Source Fool.com
