5 Best ASX Stocks to Buy Now

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1. Oil Search Limited (ASX: OSH.AX)   

Oil Search Limited (ASX: OSH.AX) is a Papua New Guinea-based oil and gas development and exploration firm. It was founded in 1929 and is placed first on our list of 10 best ASX stocks to buy now. The company has business interests in the United States and Australia in addition to the home country. Oil Search stock has returned more than 22% to investors in the past year. The firm has proved and probable reserves, and contingent resources comprising almost 547 million barrels of oil and 3,956 billion cubic feet of gas.

Investors looking for companies similar to Oil Search Limited (ASX: OSH.AX) can put their money into Chevron Corporation (NYSE: CVX), a Californian oil firm on the rebound trail after a torrid 2020. 

Out of the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm Berkshire Hathaway is a leading shareholder in Chevron Corporation (NYSE: CVX) with 48 million shares worth more than $4 billion.

You can also take a peek at 10 Best Travel Stocks to Buy Right Now, and 10 Best Automotive Stocks to Invest in Now.

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