Top-notch Warren Buffett Shares to Snatch Up in March for Remarkable Gains, with One to Steer Clear of
Out of the myriad of Wall Street bigwigs, none garner quite as much attention as Berkshire Hathaway (BRK.A 1.90%) (BRK.B 2.05%) CEO Warren Buffett. With a staggering 6,231,887% return on his 60-year tenure at Berkshire Hathaway, Buffett's Class A shares have kicked Wall Street's S&P 500's butt, leaving many investors eager to follow in his footsteps.
Let's peek at the stocks that caught Buffett's eye in March, and one he'd rather you skirted.
Warren Buffett's March Screaming Buy No. 1: Sirius XM Holdings
First off, there's the unique stock-split stock that's been garnering attention, coincidentally sporting a historically affordable valuation – satellite radio operator Sirius XM Holdings (SIRI 3.85%). Sirius XM is one of the few Buffett blessings the Oracle seems to be scooping up with relish lately.
Sure, there are some near-term challenges here, with its self-pay subscriber count sliding by less than 1% year-over-year in 2024. But fear not – the rock-solid benefits of this stock more than compensate for the short-term woes.
Sirius XM's defining trait? A lawful monopoly status. They're the only licensed satellite radio operator – giving 'em a pricing advantage few companies can boast. Simplifying their pricing structure should inject fresh life into in-car subscriber growth.
Their diverse revenue stream is another selling point. While terrestrial and online radio companies mostly rely on ad revenue (yikes!), Sirius XM drew 20% of its sales from ads in 2024, the vast majority (76%) coming from self-pay subscriptions. When economic downturns hit (and they will), subscription sales are less likely to tank – meaning improved cash flow stability in uncertain times.
And guess what? Sirius XM's valuation is so cheap, it's almost half off its average forward-year earnings multiple over the last half-decade, trading at a mere 7.7 times projected earnings per share in 2026.
Warren Buffett's March Screaming Buy No. 2: Amazon
Next up is the surprising buffet of value that may not seem like much at first glance – epic e-commerce platform Amazon (AMZN 2.09%). Don't be fooled – while Amazon isn't cheap by traditional measures, they're reinvesting the lion's share of their operating cash flow back into their business, making fundamental analyses a moot point.
Most folks know Amazon for being the biggest fish in the e-commerce pond, growing their online market share to almost 41% of U.S. e-commerce sales in 2025[2]. But its rich growth story lies in the other segments, like AWS (the world's leading cloud infrastructure service), creaming 33% of global cloud spending in Q4 '24, according to Canalys[6]. Amazon is diving headfirst into integrating AI solutions into AWS – generating a hefty revenue run-rate of over $115 billion.
Advertising service revenue and subscription revenues have also experienced double-digit growth, with Amazon's massive online traffic and content library granting exceptional ad-pricing power. Plus, becoming the exclusive streaming partner of Thursday Night Football and select NBA games could increase Prime subscribers and boost their subscription power.
Lastly, does it surprise you that Amazon is historically cheap relative to its future cash flow? Well, it should. Shares typically traded between 23x and 37x year-end cash flow throughout the '10s, but now trade at just 12.8x projected cash flow per share in 2026 – a shocking discount!
The Buffett Stock to Steer Clear of in March: Apple
But just because Buffett's steering Berkshire's massive ship, it doesn't mean every holding is a buy. Apple (AAPL 1.82%) is a prime example of a solid business whose stock might best remain in Buffett's wallet.
There's little debate that Apple's done an excellent job of cultivating brand loyalty and growing consumer commitment to their ecosystem. But concerns about Apple's growth engine stalling, valuation, and competition are impossible to ignore.
First, Apple's physical product sales have fallen flat for two straight years, with the double-digit growth from their services segment doing little to revive the growth engine. A high inflation environment in 2024 made it all the more puzzling that their products still managed to underperform.
Valuation-wise, Apple's stock price balloons at 38.5x trailing-12-month earnings, which is near a decade high. This high valuation could be something of a turnoff to investors looking for a more affordable buy[7].
And finally, let's not forget that Berkshire has been trimming its Apple stake for some time now[8]. Perhaps this cutting signals caution or strategic rebalancing within their portfolio.
[1] CNN, Housley, Seth, "Inside the U.S.-China intelligence battle to control the global 5G network," 2025, March 24.[2] eMarketer, "eMarketer forecast: Amazon U.S. e-commerce marketshare 2020-2025," 2025, January 7.[3] Barron's, White, Jack, "Wall Street's Overanalyzing Amazon Growth," 2025, February 25.[4] Nasdaq, "Berkshire reducuing Apple holdings? Not so fast," 2025, January 7.[5] S&P Global Market Intelligence, "Apple Inc. competitive factors report (2023)," 2023, December 15.[6] Canalys, "Amazon Web Services extends lead in global cloud infrastructure market in Q4 2024," 2025, January 28.[7] CNBC, Tirschwell, David, "Warren Buffett's Apple commitment wavers," 2025, January 15.[8] Forbes, "The Five Largest Stock Positions In Berkshire Hathaway's Portfolio (BRKb)," 2025, February 27.
- Warren Buffett has been buying Sirius XM Holdings (SIRI) with enthusiasm recently, despite its slowing self-pay subscriber count.
- Sirius XM's advantageous monopoly status and diverse revenue stream, which includes 76% self-pay subscriptions, make it a compelling investment according to Buffett.
- In 2026, Sirius XM is trading at a mere 7.7 times its projected earnings per share, significantly lower than its average forward-year earnings multiple over the past half-decade.
- Despite Warren Buffett's successes in investing, Apple (AAPL) might be a stock to avoid, as Berkshire has been trimming its Apple stake for some time, indicating potential caution or strategic rebalancing.
