London, UK, ZEX PR WIRE – The broker from ManCapitalGroup says, it’s always interesting to see how billionaire investors invest their money– Sure, copying every single one of their stock picks won’t guarantee your success but it could still provide helpful insight into where they think will perform well over time. Some people prefer browsing through an investor’s publicly available investments while others may want something that provides more detail so there are many different ways to do it.
If you’re keen in finding out what billionaire investors are betting on, then all you have to do is cursorily scan the news or follow their twitter account and find out what they’ve bought recently. Another way is to use trend analysis software because it can provide up-to-date stock data so if billionaires are buying a lot of stock in a certain sector, then you could buy the same stocks that they are.
When it comes to billionaire investors, Warren Buffett is among the most successful with an estimated net worth of $110 billion as of 2021 and he’s considered one of the best investors ever so it’s no surprise that people look up to him when it comes to finding out the best way to trade stocks.
The legendary investor has accumulated more than $123 billion over his lifetime so far and it’s evident that he’s still going strong and that’s why many people pay attention to what he’s doing because they know that billionaire investors like Buffett have a strong track record of building wealth.
It’s interesting to find out which stocks Warren Buffett is betting on and why– After all, he has the skill set needed in order for him to make money consistently so it’s worth taking a look at his top stock picks ever since he started investing in the 1950’s.
American Express Company (AXP) ($104.35 a share) Yield: 2.20%
American Express is among the top stocks that billionaire investor’s love and so should you. With a market cap of $103.43 billion, American Express has been doing well compared to its competition– Last year alone, shares increased by 31% in value which is a massive out performance relative to its competitors and that is because it provides strong financial services products and services. One of its most notable products is the American Express Gold Card which gives cardholders an opportunity to accumulate rewards just by spending money with their credit card so if you’re looking for a good way to earn more cash than this could be it.
American Express has been in business for over 150 years and that means it has a strong reputation and a well-established brand which is why many people trust them.
The company’s CEO Ken Chenault has been working for American Express since 1981, so obviously he knows his stuff– The Company made $7.6 billion in profit last year which is an improvement from the previous year by a margin of 3% and it looks like this trend will continue in the future.
The company is also sitting on $9.65 billion in cash flow which makes it even more enticing for investors– So if you’re keen on finding out what billionaire investors are betting on and want to build a strong portfolio, then you should consider adding American Express to your list of stocks.
Bank of America (BAC) ($20.78 a share) Yield: 2.70%
Billionaire investor Warren Buffett once called Bank of America “the best bank in the United States”– Shares have been performing well ever since he invested in it and that tells us that there’s something special about this company. With a market cap of $207.59 billion, Bank of America is among the top stocks that billionaire investor’s love and so it could be worth your while to look into this company further.
The bank’s CEO Brian Moynihan has been working for the company ever since 2001, he knows how to run a business well and I bet he’s doing a great job in this position.
One thing that makes Bank of America so attractive is that it has a strong presence in the global arena– It operates and provides services to over 100 countries around the world and there are plans to expand its business which means you should expect more growth from this company.
The billions of dollars that the bank has been paying in dividends ever since 2009 shows that it has a great track record of returning value to its investors– So if you’re looking for a company with plenty of cash flow and earnings, then this could be the best investment for you.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.