5 No-Brainer Warren Buffett Stocks to Buy Right Now -- Including Amazon.com

Warren Buffett's portfolio just dropped another massive signal—and these five picks scream opportunity in today's volatile market.

Amazon Leads the Charge

The e-commerce giant continues dominating both cloud and retail, making it a cornerstone holding for any serious investor. Buffett's team clearly sees what Wall Street sometimes misses—durable competitive advantages beat flashy trends every time.

Buffett's Timeless Strategy

Forget chasing meme stocks or crypto hype. These selections embody the Oracle of Omaha's core philosophy: buy wonderful businesses at fair prices rather than fair businesses at wonderful prices. It's almost like he knows something about long-term compounding.

Why Now Matters

Market dips create entry points for disciplined investors. While speculators panic about Fed policy or inflation data, Buffett's picks focus on fundamental cash flow generation—that boring, beautiful wealth-building machine.

The Contrarian Edge

In an era of zero-commission day trading and financial influencers, sometimes the smartest move is copying the billionaire who actually keeps his profits. But what do we know? We're just watching from the sidelines while his returns crush the S&P—again.

Image source: The Motley Fool.

1. Amazon

You might know that Berkshire Hathaway owns multiple insurance and energy operations, along with companies such as Dairy Queen International, See's Candies, Fruit of the Loom, and the entire BNSF railroad. Buffett has long avoided many high-tech companies, but yes, his company now owns shares of(AMZN 3.12%) -- some 10 million shares, in fact, per the latest disclosure.

You might want to consider buying Amazon stock, too, because it still has enormous growth potential. It features a hugely dominant online marketplace, but it's also home to a major cloud computing platform, Amazon Web Services (AWS). Its shares are appealingly valued at recent levels, too, with a recent forward-looking price-to-earnings (P/E) ratio of 34, well below the five-year average of 46.

2. Lennar

You may not be very familiar with(LEN 5.19%), but it's a major homebuilder in America, and its future is promising because America needs many more homes -- especially affordable ones for young first-time home buyers. If interest rates drop in the NEAR future, that could spur home buying, though a recession could thwart that trend.

Near term, it's hard to know what will happen, but Lennar's long-term outlook is promising. Patient investors can collect a dividend that recently yielded 1.5% -- and that has grown by an annual average rate of 33% over the past five years.

Lennar shares are reasonably priced at recent levels, too, with a price-to-sales ratio of 1, on par with its five-year average, and a forward P/E of 13 above the average of 9. It's a new holding for Berkshire, and Berkshire already owns 3% of the company.

3. Chevron

(CVX 1.50%) is Berkshire's fifth-largest stock holding, and Berkshire now owns close to 7% of the energy giant. It's another dividend-paying stock, with a recent fat 4.5% yield. It's also been a big stock repurchaser, with its reduced share count leaving each remaining share more valuable.

Why might you buy Chevron stock? Well, thanks to various investments (such as its purchase of Hess), it stands to collect a lot of free cash FLOW in the years ahead -- which can be used to pay dividends and increase dividends. Chevron is also well positioned to profit from both traditional energy sources as well as alternative energies.

Chevron's forward P/E was recently 20, a bit above its five-year average of 14, suggesting it's somewhat overvalued. You might wait for a lower price, or buy into it incrementally, or just buy anyway -- as long as you plan to remain invested for many years.

4. UnitedHealth Group

Berkshire was in the news recently, for buying into the beleaguered health insurer(UNH 1.24%). It's a new holding for Berkshire, and was recently the 18th-largest position in the portfolio

Shares of the insurer were recently down 39% year-to-date, in part due to the fact that it's being investigated by the Department of Justice for possible Medicare fraud. Also, its CEO has just stepped down. For those who see such issues as temporary and surmountable, this is a good buying opportunity.

You can be sure the company's management is working to turn things around, and simple demographics paint a promising future, too, as our growing and aging population will continue to need healthcare -- and medications. (UnitedHealth includes the pharmaceutical specialist Optum.)

5. Berkshire Hathaway

A last Berkshire Hathaway stock to consider is Berkshire Hathaway itself. It's built to last, after all, and is likely to keep growing over time, though not at the breakneck speeds of yore, perhaps. Buffett is stepping down at the end of the year, but he'll still be around, and his successor, Greg Abel, is a promising choice.

Berkshire Hathaway doesn't pay a dividend, but when it's under new management, that might change. It has all depended on whether there were more productive ways to deploy the company's cash. So far there have been, but Abel might decide differently. Investing in Berkshire means you'll always be a part-owner of any stock in Berkshire's portfolio.

Give any or all of these companies some consideration for your own portfolio. And know that you can always take the easier (and also effective) path, recommended by Buffett himself, of opting for a simple, low-fee index fund.