The Ultimate Buffett Stock to Buy With $500 Right Now

Investors follow Warren Buffett's moves carefully, but he makes surprisingly few moves overall. A typical hedge fund has thousands of stocks that get traded frequently, but Berkshire Hathaway is a holding company with a different approach to its equity portfolio.Warren Buffett has called himself a business picker, not a stock picker, and looks to maximize gains over the long term by investing in high-quality companies. He concentrates on a small number of stocks, typically around 45, that he has confidence in.American Express (NYSE: AXP) is one of Buffett's longest-held stocks, and it probably illustrates the classic Buffett model more than any other stock. If you're a Buffett fan, American Express will be right up your alley.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool