The Best Berkshire Hathaway Stock to Invest $1,000 in Right Now

Many investors follow Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) $293.8 billion portfolio because those stocks were approved by Warren Buffett himself. Even though Buffett plans to step down as Berkshire's chief executive officer this year, his successor, Greg Abel, probably won't dramatically shake up those top holdings.One of those top investments is American Express (NYSE: AXP), which accounts for 15.9% of Berkshire's portfolio and is the company's second largest holding after Apple (NASDAQ: AAPL). Buffett initially accumulated shares of American Express in 1964 through a partnership before his full takeover of Berkshire Hathaway in 1965, and he significantly increased Berkshire's position in the company in 1991. Today, Berkshire owns 21.6% of the entire company.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool