The Best Warren Buffett Stock to Invest $1,000 in Right Now

During the past year, Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold a lot of its top stocks -- including Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC) -- to boost its cash holdings to record highs. For some investors, those sales suggested Buffett was bracing for a market crash.A market pullback wouldn't be surprising, since the S&P 500 (SNPINDEX: ^GSPC) has already rallied nearly 80% during the past five years and looks historically expensive at more than 30 times earnings. However, Berkshire Hathaway didn't sell any shares of American Express (NYSE: AXP), which accounts for 14.8% of its portfolio. Let's see why Buffett isn't selling this resilient blue-chip stock -- and why it might still be one of the best places to invest $1,000 right now.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool