3 Incredibly Affordable Warren Buffett Stocks That Are Must-Buys Today

Warren Buffett, the legendary investor known as the Oracle of Omaha, is famous for his value investing philosophy. His stock picks are closely watched by investors looking for solid long-term investments. In his latest regulatory filings, Buffett’s Berkshire Hathaway revealed three absurdly cheap stocks that are considered no-brainer buys right now.

First on the list is Chevron (NYSE: CVX), one of the oil and gas industry giants. Buffett has been bullish on the sector, with Chevron being the fifth-largest position in Berkshire’s portfolio. Despite the recent bull market driving up stock valuations, Chevron’s shares trade below 12.3 times forward earnings, making it a bargain compared to the S&P 500 index and energy sector multiples.

Buffett’s interest in Chevron likely stems from his anticipation of higher oil prices in the future. Additionally, Chevron’s track record of increasing dividend payouts for 37 consecutive years makes it an attractive investment for income-seeking investors, with a dividend yield of 4.2%.

Next up is Lennar (NYSE: LEN), a leading homebuilder in the U.S. While Buffett hasn’t recently bought shares of Lennar, the company’s low forward earnings multiple of 11.4 times and strong growth prospects make it an appealing investment. With a shortage of around 3.2 million homes in the U.S., Lennar stands to benefit from increased demand for new housing.

Lastly, Buffett’s long-term holding Sumitomo (OTC: SSUM.F) is a Japanese trading house known for its diversified investments and shareholder-friendly policies. Trading at a little over 9 times trailing-12-month earnings, Sumitomo offers steady returns and solid dividends.

Overall, these three stocks represent value opportunities in Buffett’s portfolio, offering investors the chance to capitalize on his investment wisdom.