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Do you think that Warren Buffett could have recovered some shares of stock when the market fell in October? It's a very good bet that he did. After all, we are talking about the man who had advised investors to "fear others when they are greedy and when they are fearful".
Although investor fears seem to be alleviating, there are still plenty of interesting titles to find. Three Warren Buffett shares that seem to be excellent choices to buy in November are Apple (NASDAQ: AAPL), MasterCard (NYSE: MA), and Markel (NYSE: MKL).
1. apple
Do not think for a second that Warren Buffett is worried about Apple's forecasts that revenue growth will slow in the next quarter. The legendary investor said in an interview with CNBC in August that he did not like the advice anyway because he "saw that it was leading to a lot of bad things".
Buffett focuses more on what really matters to Apple: the enduring power of its brand and its huge ecosystem of products and services. Investors who are not worth billions of dollars would also be wise to focus on these issues.
In his latest release, Apple CEO Tim Cook said, "We are entering the holiday season with our strongest line of products and services to date." Cook's optimism is undoubtedly on target. Despite Wall Street's sadness over Apple's forecast for the quarter ending in December, the company is expected to generate at least $ 90 billion in revenue and likely more than $ 21 billion in profit.
In the long run, Apple should continue to generate solid returns for investors. Regular upgrades to its iPhone, iPad and Mac products will continue to attract new customers. New innovations in the areas of portable equipment, home appliances, augmented reality and virtual reality are expected to propel Apple's growth for years to come.
Buffett did not make a stupid move to get Apple to become Berkshire Hathawayof (NYSE: BRK-A) (NYSE: BRK-B) superior outfit. This stock is still a smart buy now.
2. Mastercard
Berkshire does not have nearly as many Mastercard shares as Apple shares. But the giant payment processor seems to be an attractive choice for Buffett, who wants to acquire more shares.
The benefits of Mastercard were clearly visible in the company's third quarter financial results. The company posted strong year-over-year revenue and profit growth. Mastercard performed particularly well in international markets despite the headwinds of currency fluctuations.
CEO Ajay Banga summed up Mastercard's arguments by stating in its third quarter earnings release: "Our commercial successes and new partnerships, reinforced by our differentiated service offerings, are helping to boost our global momentum." Perhaps the most important part of the Banga statement is the emphasis on Mastercard's "differentiated service offerings".
Mastercard consolidates its main payment infrastructure with security features, data analysis, loyalty point management and other products and services. This differentiation helps the company attract new customers and retain existing customers.
A sort of revolution in payment processing is underway at the moment, as the world is increasingly moving towards cashless financial transactions. Mastercard is one of the leading leaders of this revolution.
3. Markel
Now for a twist. Buffett's Berkshire Hathaway does not own any shares of Markel. Nada. So, why does Markel make this list of the main Buffett shares to buy in November? This could be the poster child for exactly the type of paper Buffett likes.
In many ways, Markel is a mini Berkshire. It is a holding company that focuses primarily on insurance and reinsurance, but also owns other companies and shares of other companies. It looks a lot like Berkshire.
Markel co-CEO Tom Gayner even rings for Warren Buffett. Gayner said a few years ago to Matt Koppenheffer of Motley Fool that he liked buying companies and shares of companies that "remain relevant and have good business, and that their clientele can expand with time and that time. "
Thanks to Markel's specialized insurance and reinsurance business, the company is affected by catastrophes such as hurricanes and typhoons. Even with a subscription loss in the last quarter due to hurricanes Florence and Typhoon Jebi, Markel still recorded a solid performance.
Like Buffett, Markel has positions in Apple and Mastercard. Markel's largest participation is not however one of these actions. What is Markel's top stock? Berkshire Hathaway.
Remember the words of the oracle
It might be tempting to avoid buying stocks with the troubling gyrations of the market. But remember what the Oracle of Omaha once said: "Opportunities are scarce, when it's raining gold, turn off the bucket and not the thimble." The October retreat gave investors an excellent opportunity to buy excellent stocks like Apple, Mastercard and Markel.
Keith Speights owns shares in Apple. The Motley Fool owns shares and recommends Apple, Markel and Mastercard. The Motley Fool offers the following options: Long calls from $ 150 to January 2020 for Apple and short calls from $ 155 to January 2020 on Apple. The Motley Fool recommends Berkshire Hathaway (B shares). Motley Fool has a disclosure policy.
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