3 Warren Buffett Stocks to Buy Hand Over Fist in November

Berkshire Hathaway's Q3 13F — the second-to-last filing under Warren Buffett before his planned year-end retirement — shows continued high cash balances alongside selective buying: a new roughly $5.1 billion stake in Alphabet, a >13% quarter-over-quarter increase in Domino's holdings, and a nearly 16% boost to its now $9.1 billion position in Chubb. The moves underscore conviction in Alphabet's cloud/AI and Waymo growth (trading around 27x 2025 EPS with analysts forecasting ~15–16% annualized earnings growth), faith in Domino's franchise economics and steady dividends (about 23x 2025 EPS; ~10–11% expected growth), and a persistent preference for insurance assets despite Chubb's slightly elevated price-to-book and long dividend record. Collectively, the trades signal Buffett is selectively deploying capital into durable franchises and tech leaders where he sees value, even as Berkshire hoards cash amid broader market caution.

Analysis

Berkshire Hathaway's Q3 13F — the second-to-last filing with Warren Buffett before his planned year-end retirement — shows continued high cash levels alongside selective deployments: a new roughly $5.1 billion position in Alphabet, a greater-than-13% quarter-over-quarter increase in Domino's holdings, and a nearly 16% boost to its now $9.1 billion stake in Chubb. The moves occurred while Berkshire continued to trim other holdings to raise cash, reinforcing that these are deliberate, conviction buys rather than broad-market accumulation. Alphabet's purchase highlights exposure to Google Cloud, AI (Gemini 3) and Waymo growth catalysts, with the stock trading around 27x 2025 EPS and analysts forecasting ~15–16% annualized earnings growth. Domino's appeal is its 21,700+ store franchise model, steady dividend history and a valuation near 23x 2025 EPS with expected 10–11% earnings growth; Chubb represents a long-duration insurance position with 31 consecutive years of dividend increases despite a price-to-book slightly above its decade average.

These trades signal Berkshire's preference for durable franchises and selective tech exposure even as it hoards cash, suggesting management sees idiosyncratic value rather than a broadly attractive market. The size of the Alphabet position (just outside Berkshire's top 10) and the large Chubb holding indicate willingness to concentrate capital where Buffett still finds value, while ongoing portfolio trimming introduces execution risk if Berkshire reallocates more aggressively. Key near-term indicators to watch are follow-on purchases in Alphabet and Chubb, any shifts in share accumulation rates, and post-retirement stewardship that could affect future conviction and trading behavior. Investors should weigh attractive growth/ dividend profiles against current valuations and Berkshire's expressed market caution.

Key Decisions for Investors

• Consider initiating a measured position in Alphabet given Berkshire's $5.1 billion new stake and company-level AI/cloud catalysts, but size exposure with awareness of a ~27x 2025 EPS valuation and monitor for follow-on purchases
• Add to or maintain a modest overweight in Domino's given Berkshire's continued accumulation, the franchise model and analyst-expected ~10–11% earnings growth at ~23x 2025 EPS, using dollar-cost averaging to mitigate timing risk
• Consider increasing exposure to Chubb for long-duration insurance exposure reflecting Berkshire's near $9.1 billion stake and 31-year dividend lift, while monitoring price-to-book trends since valuation is slightly above its decade average
• Use future Berkshire 13F updates and reported cash build/trim activity as timing signals; limit position sizes and consider hedges to account for Buffett's impending retirement and potential shifts in capital allocation or stewardship