Berkshire Hathaway’s stock portfolio is stuffed with companies that are also beloved by Wall Street analysts. Earlier this month, the Warren Buffett-led conglomerate posted 40% higher operating earnings in the third quarter , while also holding a record cash horde of $157.2 billion as of the end of September. Berkshire Class A shares, meanwhile, have climbed 17% since the start of the year, reaching an all-time high of almost $567,000 in September. BRK.A YTD mountain Berkshire Hathaway Class A stock. With Wall Street in awe of the 93-year-old Buffett, CNBC Pro set out to find analysts’ favorite stocks within Buffett’s portfolio, using the following criteria: Shares of the company are part of Warren Buffett’s portfolio, according to the CNBC Berkshire Hathaway Portfolio tracker . At least 55% of analysts maintain a buy rating. Average analyst price targets imply at least 15% upside in the coming year. E-commerce giant Amazon is the most recommended stock in the pool of candidates, with roughly 84% of analysts rating it a buy. Average analyst price targets forecast nearly 22% upside from current prices, which are already about 75% higher since the start of the year. AMZN YTD mountain Amazon stock. The company recently solidified a deal with Snap that allows users of the platform to purchase Amazon products without leaving the Snapchat application. Cloud software provider Snowflake is another analyst favorite in the Berkshire portfolio, with nearly 56% of analysts rating it a buy, and the consensus price targets implying 19% upside from current levels. Snowflake stock has climbed 18% so far in 2023, almost matching the S & P 500 return. SNOW YTD mountain Snowflake stock. Citigroup recently reiterated a buy rating on Snowflake ahead of third quarter results due Nov. 29, with analyst Tyler Radke noting the company is still in “the early innings of growth,” highlighting its “best-in-class net retention rates and compelling new use cases.” Other stocks in the Berkshire portfolio that Wall Street also favors are Sirius parent Liberty Media and the country’s second-largest oil major Chevron . — CNBC’s Michael Bloom contributed reporting.
