3 Warren Buffett Stocks to Buy Hand Over Fist in December

Warren Buffett's time as Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) chief executive and its chief stock-picker may be nearing its end. But he's still in charge, so any changes he wanted to make to the conglomerate's portfolio before his exit would have likely been made by now. The names Berkshire is still holding suggests everyone's in agreement that they're worth holding onto, and that's a pretty big deal.

With that as the backdrop, here are three of these holdings you might want to buy for yourself sooner rather than later.

Image source: The Motley Fool.

1. Bank of America

Yes, Berkshire has been steadily shedding some of its position in Bank of America (NYSE: BAC) since the middle of last year. Don't read too much into the selling, though. At a value of $31 billion, it's still the organization's third-biggest holding, which speaks volumes about the confidence Berkshire's management has in the mega-bank.

In this same vein, the fact that BAC shares continue to rise at a time when they seemingly shouldn't (falling interest rates, lethargic economy, and consumers' heavy indebtedness) also speaks volumes about the market's confidence in the company's long-term guidance. BofA management now believes the banking giant will grow its net interest income at an average annual pace of 5% to 7% between now and 2030, compared to a more modest pace of 4% for the past few years.

At the same time, the company expects to improve its ROTCE (return on tangible common equity) to somewhere between 16% and 18%, putting it back on par with most of its rivals' results.

Perhaps even more bullish is the fact that, even with this stock's 120% gain since its late-2023 low, BAC shares are still reasonably valued at less than 13 times next year's expected earnings of $4.35 per share. The stock's forward-looking dividend yield of 2.1% is also better than you'll find with most comparable companies.

2. Chubb

Chubb (NYSE: CB) may well be the least-talked-about name of all of Berkshire Hathaway's major holdings. In fact, many investors may have never even heard of it. Blame its business, mostly. Chubb's an insurer, which just can't compete for investor attention the way growth industries like artificial intelligence can.

What this insurer lacks in pizzazz, however, it makes up for in other ways, like surprisingly consistent performance as well as surprisingly consistent dividend growth.

That might be a little tough to believe for a property and casualty (and liability) insurer like Chubb these days, given the seemingly growing number of increasingly expensive natural disasters. And Chubb is feeling this pain to be sure. Its catastrophic losses more than tripled year over year during the first quarter of 2025 due to California's rampant January wildfires. The company also reported estimated losses in the ballpark of $250 million to $300 million resulting from Hurricane Milton that devastated much of Florida late last year, taking a bite out of what would have otherwise been nearly $2.8 billion in net income for the quarter in question.

The thing is, insurers' actuaries -- the mathematicians that predict payout costs and determine customers' insurance premiums -- have gotten shockingly good at figuring out how to price their products to cover payouts for what are actually surprisingly predictable catastrophes. That's how Chubb has avoided suffering any meaningful quarterly loss over the course of the past decade, with the exception of the second quarter of 2020, when the completely unpredictable COVID-19 pandemic was ripping across the planet. Notice the company more than made up for it by the end of that year.

Data by YCharts.

No, you'll never enjoy huge growth from this slow-moving name in a slow-moving industry. You will enjoy consistent growth, though, along with a dividend payment that's not only been paid like clockwork for decades, but has been raised every year for the past 32 years.

3. Domino's Pizza

Finally, add Domino's Pizza (NASDAQ: DPZ) to your list of Buffett stocks to buy this month while you can still step in at a discount. Share prices of the fast food chain are still well below this year's high of around $500 apiece.

When Buffett first began adding Domino's to Berkshire Hathaway's portfolio in the latter half of last year, it turned more than a few curious heads. It wasn't a bad company, and the stock had just suffered the sort of short-term setback that Buffett likes to buy into. It just wasn't the kind of investment that the Oracle of Omaha had shown interest in at any point in the recent past.

As time marches on, though -- giving investors as well as analysts time to examine this often-overlooked name -- the unlikely trade makes more and more sense. Pizza is a marketable meal in any and all economic environments, while operating pickup-and-delivery-only kitchens like Domino's is cost-effective. Simple raw pizza toppings are relatively cheap to buy in bulk, and these stores operate on a small footprint that requires a minimal amount of staff and servicing.

Of course, it doesn't hurt the bullish argument that Domino's Pizza is one of the biggest and best-known names in the business, making it easier to expand when the opportunity arises. To this end, the company opened (net) 214 new stores in the third quarter of this year, bringing its total count up to 21,750, and accelerating its current annualized pace of 748 new stores. Indeed, although it has since dialed back these plans so it can proceed more thoughtfully and carefully through an ever-changing environment, Domino's revealed back in 2023 that it was looking to eventually establish 50,000 locales, illustrating the scope of what the company thinks is possible.

Regardless of when (or even if) that happens, newcomers will be plugging into a solid stock with a respectable dividend yield of nearly 1.7%.

Bank of America is an advertising partner of Motley Fool Money. James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway and Domino's Pizza. The Motley Fool has a disclosure policy.