7 Top Stocks Most Bought by Hedge Funds in 2021

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6. American Express (AXP)

During the 2020 government shutdown, credit card giant American Express struggled, and its stock finished the year down 3%. However, in anticipation of pent-up credit card spending on apparel, restaurant dining, travel, and entertainment, the stock is off to a hot start in 2021, up 18 percent year to date. Buffett first purchased a nearly 10% stake in American Expressway in 1994, and the stock is still Berkshire’s third-largest holding. Buffett hasn’t bought any AXP stock in a while, but his 18.8% stake in the company is now worth $21 billion.


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