Core Insights - Warren Buffett plans to step down as CEO of Berkshire Hathaway at the end of the year, but there are still investment opportunities in his top stock picks [1] Group 1: Berkshire Hathaway Stock Recommendations - Stock to Buy No. 1: Visa Visa is a leading payments network that facilitates secure transactions globally, with a presence in over 200 countries and territories. The company serves 4.8 billion credit and debit cardholders and has partnerships with over 150 million merchants [3][4] - Visa processed 322 billion transactions totaling $16.4 trillion in the last 12 months, generating $5.8 billion in adjusted net income in the third quarter, a 19% increase year-over-year [5] - With anticipated interest rate cuts by central banks, Visa's profits are expected to rise. The company is also innovating with features like tap-to-pay mobile payments and AI-powered offerings, positioning itself at the forefront of digital commerce [6][7] Group 2: Additional Stock Recommendation - Stock to Buy No. 2: Occidental Petroleum Occidental Petroleum is highlighted as another attractive investment, having recently completed a significant deal that will enhance its oil and gas production capabilities in the coming years [8][10] - The company is undergoing asset sales to streamline operations, making it a stronger entity in the energy sector [9]
The Smartest Warren Buffett Stocks to Buy Right Now