5 Best Stocks to Buy for Good Returns

3. American Express Company (NYSE:AXP)

Berkshire Hathaway’s Q3 2023 Investment Value: $22.6 billion

Number of Q3 2023 Hedge Fund Investors: 74

American Express Company (NYSE:AXP) is a classic Warren Buffett stock and one that he has been dabbling with for decades now. The firm’s financial performance has been less stellar as of late, as it has beaten analyst EPS estimates in only two out of its four latest quarters.

During Q3 2023, 74 out of the 910 hedge funds surveyed by Insider Monkey had bought and owned American Express Company (NYSE:AXP)’s shares. Warren Buffett’s Berkshire Hathaway was the largest shareholder out of these since it owns $22.6 billion worth of shares.

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