Reported 2 days ago
American Express has become Berkshire Hathaway's second-largest holding, following Apple, as Warren Buffett retains his shares despite selling chunks of other positions. The company's earnings have soared with a strong 28% year-over-year growth, and its current stock valuation appears attractive with a P/E ratio lower than the S&P 500. While there are risks involved, many believe American Express could be a worthwhile long-term investment as it continues to show solid revenue growth, making it a contender for those looking to invest in 2025.
Source: YAHOO