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3 Buffett Stocks to Buy Now: Jon Najarian

On Monday, pro traders were again parsing through Warren Buffett’s holdings after the Oracle of Omaha made bullish comments about stocks.

Following are Berkshire’s top performers.

Should you follow Buffett into any or all of these names?

Company

% Stake

Holding $ Value

1-Yr % Chg

MasterCard

0.33%

$178MM

53

Visa

0.35%

$339MM

46

Verisk Analytics

2.07%

$169MM

44

Dollar General

1.33%

$218MM

38

US Bancorp

3.62%

$2.2B

24

Intel Corp

0.23%

$320MM

24

IBM

5.54%

$13B

21

USG Corp

16.13%

$293MM

21

CVS Caremark

0.54%

$322MM

17

Wells Fargo

7.24%

$12.7B

17

American Express

13.17%

$9.1B

17


Of all the stocks mentioned above, pro trader Jon Najarian tells us he thinks 3 are buys right now.

Najarian's Favorites

American Express – “The business is phenomenal,” says Najarian. "Net income is up 35% and the chart is phenomenal, too. As Dennis Gartman would say from the lower left to the upper right."

Visa – “This stock was oversold too harshly,” says Najarian. “I don’t think Visa is doing a single thing wrong. To pick it up around $115 is a steal.”

IBM - “They’ve increased their share buy back program,” reminds Najarian. “And they’ve increased the dividend. This is an exceptional company.”





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Trader disclosure: On May 7, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long JPM; Joe Terranova is long UPL; Joe Terranova is long CHKM; Joe Terranova is long HPQ; Joe Terranova is long LQD; Joe Terranova is long LPX; Joe Terranova is long CHRW; Joe Terranova is long BAC; Stephen Weiss is long JPM; Stephen Weiss is long AIG; Stephen Weiss is short NFLX; Jon Najarian is long call spreads AAPL; Jon Najarian is long call spreads CIEN; Jon Najarian is long call spreads GS; Jon Najarian is long call spreads FFIV; Jon Najarian is long call spreads FIO; Jon Najarian is long call spreads NFLX; Jon Najarian is long call spreads AH; Jon Najarian is long call CIGX; Jon Najarian is long call CBOE; Jon Najarian is long call CME; Jon Najarian is long call DDMG

For Brian Kelly
Brian Kelly is long KRE
Brian Kelly is long USG
Brian Kelly is long VZ
Brian Kelly is long BRITISH POUND
Brian Kelly is short SWISS FRANC

For Mark Fisher
Nothing to disclose

For Michael Pachter
Nothing to disclose

For Tim Conder
Nothing to disclose

For Win Thin
Nothing to disclose


CNBC.com with wires.

Symbol
Price
 
Change
%Change
ALXN
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IBM
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V
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