Amazon-2 Warren Buffett Stocks That Could Double by 2030

Group 1: Berkshire Hathaway Overview - Berkshire Hathaway held a stock portfolio worth $271 billion at the end of 2024, showcasing its strong investment position during market volatility [1] - The company focuses on quality growth stocks selected by Warren Buffett and his investing deputies, Todd Combs and Ted Weschler [1] Group 2: Amazon Investment Potential - Amazon's stock has increased 1,000% over the last decade and doubled in the last five years, with Berkshire holding 10 million shares as of the end of 2024 [3][4] - Amazon's e-commerce business drives steady revenue growth, while its focus on reducing fulfillment costs nearly doubled its net income to$ 59 billion in 2024 [4] - Amazon Web Services generated $107 billion in revenue last year, with a 19% year-over-year growth in cloud revenue, contributing significantly to operating profit [5][6] - Analysts expect Amazon's earnings to grow at an annualized rate of 20%, which could double the investment if the stock maintains its current valuation [6] Group 3: American Express Investment Potential - American Express stock has tripled in value over the last five years and could potentially double again due to strong momentum in acquiring new premium card members [7][8] - Card member spending grew 8% year over year in the fourth quarter, with management projecting mid-teens annual earnings growth [8][9] - New card acquisitions increased from 12.2 million in 2023 to 13 million in 2024, contributing to higher margins with net card fees up 17% year over year [9][10] - American Express has low international penetration, with international card services billed growing 14% in 2024, indicating significant growth opportunities [10][11] - Analysts forecast adjusted earnings growth at an annualized rate of 15% for American Express, supporting the potential for doubling the investment by 2030 [11]