Berkshire Hathaway Stock Portfolio: 5 Long-Term Stock Picks

3. American Express Company (NYSE:AXP)

Berkshire Hathaway’s Stake Value: $25 billion
Percentage of Berkshire Hathaway’s 13F Portfolio: 8.54%
Number of Hedge Fund Holders: 52

Based in New York, the multinational financial services firm American Express Company (NYSE:AXP) comes in at third on our list of the 10 long-term stock picks of Berkshire Hathaway. The company offers credit lending and network processing services.

For the second quarter of 2021, Warren Buffett’s hedge fund held over 151.6 million shares of American Express Company (NYSE:AXP), amounting to more than $25 billion in worth.

On September 16, investment advisory Bank of America upgraded American Express Company (NYSE:AXP) stock to Neutral from Underperform with a price target of $169.