3 No-Brainer U.S. Stocks for Canadian Investors

These three U.S. stocks are each part of Warren Buffett’s investments, making them simple choices for any Canadian investor.

| More on:
Woman has an idea

Image source: Getty Images

Sometimes, it’s great to just keep things easy. When it comes to investing, this couldn’t be more true. And while a lot of Canadian investors tend to stick to our side of the border, some of the best investments come from the south side.

But it can be pretty overwhelming to figure out where to invest in U.S. stocks — especially because there are so many of them. That’s why you should keep it simple and go straight to the expert source — namely, Warren Buffett.

Warren Buffett bet

If you want some U.S. stocks and have no idea where to look, then Warren Buffett and his company Berkshire Hathaway are certainly great places to get some ideas. In fact, you could keep it really simple and just see where the investment tycoon has most of his investments.

This is incredibly easy to find. You simply need to look up Berkshire Hathaway 13F filing with the Securities and Exchanges Commission. Luckily for you, I’ve already done that. Here are the three top U.S. stocks Warren Buffett invests in at the time this article was written.

The Big Three

At the top, we have Apple (NASDAQ:AAPL), with Warren Buffett’s Berkshire Hathaway holding a value of US$122.34 billion as of writing. The company remains the go-to name in terms of tech products, including mobile phones, tablets, and more. And shares continue to climb after the release of its latest iPhone 14.

Apple stock when through a stock split back in 2020 and is now a great price at just US$161 per share. What’s even better is, you can now look forward to a dividend — something most tech stocks simply don’t offer.

Next up, we have Bank of America (NYSE:BAC), with a total value of US$31.44 billion as of writing. This bank is a huge deal for investors to consider among U.S. stocks. It currently trades at just 11.06 times earnings due to the market downturn we’re currently experiencing. You can also get a deal on its 2.52% dividend yield.

Finally, there’s Coca-Cola (NYSE:KO). You just cannot do better than Coca Cola in so many ways, and not just for its products. The company is one of the dividend providers that’s hiked its dividend for the last 25 years. It’s no wonder Buffett holds a value worth US$25.16 billion as of writing. And right now, you can lock in a dividend yield at 2.84%.

Keep it simple

Canadian investors looking to get exposure to U.S. stocks can keep it super simple and lock in these for life. Each has been around for decades and remain at the top of their industry. What’s more is that they provide dividends that should only continue to grow in the decades to come.

As the markets recover, these will also be some of the first to get back to pre-fall prices. So, lock in that value you while you can with these three U.S. stocks.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Bank of America is an advertising partner of The Ascent, a Motley Fool company. Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Apple.

More on Investing


CNR Stock: Should You Buy Today?

Canadian National Railway has been hit in recent quarters, as economic growth has slowed, with CNR stock declining 10% in…

Read more »

Family relationship with bond and care
Dividend Stocks

TFSA Investors: 3 Cheap Canadian Stocks for Retirees

These three Canadian stocks are super cheap for retirees looking for a great buy that will last the test of…

Read more »

calculate and analyze stock
Dividend Stocks

CPP Disability Benefits: Here’s How Much You Could Get

Not everybody can get CPP disability benefits. If you want some passive income, consider investing in Royal Bank of Canada…

Read more »

growing plant shoots on stacked coins
Dividend Stocks

Boosting Your Monthly Income: TSX Stocks That Deliver

Dividend investing can boost regular or active incomes, especially select TSX stocks that pay monthly dividends.

Read more »

consider the options
Tech Stocks

Better Buy (2024 Edition): Shopify or Nvidia Stock?

Shopify (TSX:SHOP) isn't the only red-hot tech stock in town that could add to recent gains.

Read more »

Bad apple with good apples

5 Stocks You Can Confidently Invest $500 in Right Now

These stocks could significantly grow your investment over the next decade.

Read more »

Illustration of bull and bear
Tech Stocks

A Bull Market Is Coming: 3 Growth Stocks That Could Thrive

Given their high growth prospects and cheaper valuation, these three growth stocks would be an excellent buy as the market…

Read more »

Golden crown on a red velvet background
Energy Stocks

Enbridge Stock: This Dividend Aristocrat Could Gain in 2024

Enbridge (TSX:ENB) stock is looking like a great buy as management expects it to grow in 2024.

Read more »