27.3% of Warren Buffett's $258.7 Billion Portfolio Is Invested in These 2 American Stocks
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Warren Buffett has said time and time again to never bet against America. Investors who buy and hold American stocks have seen miraculous gains in wealth over the last century,...
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July 9, 2025
08:15 AM
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Warren Buffett has said time and time again to never bet against America
Investors who buy and hold American stocks have seen miraculous gains in wealth over the last century, due to the economic dominance of the country that now has a gross domestic duct (GDP) of $30 trillion
It is no surprise then to see Buffett focus on American stocks in his investment portfolio over at Berkshire Hathaway (BRK
Here are two blue chip American stocks that make up 27. 3% of Berkshire Hathaway's stock portfolio today
Image source: Getty Images
A long-standing premium credit card franchise Close to 17% of Buffett's portfolio is invested in American Express (AXP 0. 12%), which Berkshire has owned since 1991
The company dominates the premium credit card industry, with a focus on catering to travel, dining, and entertainment spending
It has built up a strong brand over the decades, with customers willing to pay high fees to have access to the American Express credit card network
The company now has 147. 5 million credit cards in circulation and is adding over 3 million net new card additions to its network quarterly
After a period of stagnation in the early 21st century, American Express' new leadership team has reinvigorated the brand by catering to younger consumers with features annual ride sharing credits on Uber
These younger consumers grew spending at 14% year over year last quarter through American Express cards compared to 7% for the overall, which directly translates into revenue
These customers have high lifetime values as they will stick around with American Express for many years
Earnings per (EPS) is up 159% in the last 10 years, with an acceleration in growth coming out of the COVID-19 pandemic
Buffett s American Express as well because of its capital returns gram, which includes buybacks and dividends
Buybacks have reduced American Express s outstanding by 30% cumulatively in the last 10 years
Add it all up, and you can see why American Express is one of Buffett's largest holdings and looks to be a permanent position in the Berkshire Hathaway universe
BAC s Outstanding data by YCharts A durable banking giant Another Buffett stock that literally has "America" in the name is Bank of America (BAC -0
It is Buffett's third-largest stock position (the first is Apple)
He first bought s in 2011 after the Great Recession and banking crisis when s were cheap
Bank of America has been a mainstay of the U
Banking system for over a century
It has nearly $3. 4 trillion in total assets spread across consumer banking, wealth management, and global investment banking
If there is a legal financial service to be vided, you can bet that Bank of America does it
This is why it has 40 million mobile banking users, people who have stuck around with the banking giant for many years
Buffett loves in franchises that have long customer relationships, which describes a consumer banking giant Bank of America perfectly
Coming out of the great financial crisis, Bank of America has seen its earnings grow substantially
Net income is up close to 2,000% since 2011 when Buffett purchased
American Express, Bank of America has reduced its s outstanding by around 30% in the last 10 years, which juiced holder returns
Today, you can buy Bank of America at a reasonable price-to-earnings (P/E) ratio of just under 15
This makes it a great blue chip stock you can buy alongside Buffett for your portfolio
American Express is an advertising partner of Motley Fool Money
Bank of America is an advertising partner of Motley Fool Money
Brett Schafer has no position in any of the stocks mentioned
The Motley Fool has positions in and recommends Apple, Bank of America, Berkshire Hathaway, and Uber nologies
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