As Warren Buffett’s tenure as Berkshire Hathaway’s chief executive and stock-picker nears its end, investors are watching closely to see how the company’s portfolio will evolve. 

While some changes have been made, Buffett’s remaining investments speak volumes about the confidence he has in these stocks. Brokers from SkylineSFO highlight three Buffett-approved stocks that may be worth adding to your portfolio this December.

1. Bank of America (BAC)

Despite Berkshire Hathaway gradually reducing its stake in Bank of America (BAC) since mid-2024, the mega-bank still holds a $31 billion position in the portfolio. As of the most recent filing, Bank of America remains the third-largest holding for Berkshire, highlighting its continuing importance in the portfolio.

BAC shares have defied expectations, rising even in the face of falling interest rates, a sluggish economy, and heavily indebted consumers. The bank’s management has indicated it expects its net interest income to grow at a rate of 5% to 7% annually through 2030, compared to a more modest 4% growth in recent years. Additionally, BAC is aiming to improve its ROTCE (return on tangible common equity) to 16%-18%, which would bring it in line with industry competitors.

Even after a 120% gain since its late-2023 low, BAC shares remain relatively undervalued, with a forward P/E ratio of just 13 times next year’s expected earnings. The stock’s 2.1% dividend yield is also more attractive than most of its peers, making it a strong investment for those looking for both growth and income.

2. Chubb (CB)

Chubb may not be as widely discussed as other Berkshire Hathaway holdings, but its consistent performance and reliable dividend growth make it a worthwhile investment. Despite being in the property and casualty insurance business, which can be affected by natural disasters and market volatility, Chubb has managed to grow steadily over time.

In the first quarter of 2025, Chubb faced significant losses due to California wildfires and Hurricane Milton, which caused an estimated $250 million to $300 million in losses. However, the company’s actuaries are excellent at pricing their products to handle such disasters, which has allowed them to avoid meaningful quarterly losses over the past decade (with the exception of the COVID-19 pandemic in 2020). 

Chubb has also consistently raised its dividend for 32 years, making it a stable investment for income-seeking investors. While Chubb’s growth may not be explosive, its consistency and ability to navigate unpredictable events make it a solid long-term holding for those seeking stability and steady returns in the insurance sector.

3. Domino’s Pizza (DPZ)

When Berkshire Hathaway started adding shares of Domino’s Pizza to its portfolio in late 2024, it surprised many. However, the decision to invest in the fast-food chain now makes a lot of sense. 

Domino’s offers a cost-effective business model, with pickup-and-delivery-only kitchens that require minimal staffing and lower overhead costs. These factors make Domino’s more adaptable in any economic environment, as pizza remains a highly marketable meal no matter the conditions.

The company has also been aggressively expanding, opening 214 new stores in the third quarter of 2025, bringing its total store count to 21,750. Domino’s has set a long-term goal of opening 50,000 stores, showing its ambitious growth potential. Even if that target isn’t fully realized, the company’s expansion trajectory remains strong, and its 1.7% dividend yield adds additional appeal for long-term investors.

Domino’s, despite its relatively slow stock growth in the past, has proven to be a solid performer, making it a worthwhile addition to any investor’s portfolio, particularly as it remains priced below its 2025 high.

Conclusion: Buffett’s Stock Picks Still Offer Value

While Warren Buffett has been scaling back some of his holdings in certain stocks, these three picks, Bank of America, Chubb, and Domino’s Pizza, remain core components of Berkshire Hathaway’s portfolio. Despite short-term market fluctuations and occasional dips, these stocks show resilience, consistent growth, and strong long-term potential.

Trading experts suggest that investors looking for Buffett-approved stocks with solid fundamentals and dividend growth should consider these names, especially as they remain undervalued or have the potential for future expansion. Whether you’re seeking growth, income, or both, these stocks offer opportunities for patient investors to capitalize on the strategies that have made Berkshire Hathaway one of the most successful investment firms in history.

In summary, Bank of America, Chubb, and Domino’s Pizza remain excellent choices for investors who want to align themselves with Buffett’s strategies, offering a mix of safety, steady growth, and future upside potential.