Amid Warren Buffett's $132 Billion Warning to Wall Street, He Can't Stop Buying Shares of These 4 Unstoppable Stocks

Arguably no money manager is more closely followed on Wall Street than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Aside from being an open book and willingly sharing the traits he looks for when putting his company's capital to work, the Oracle of Omaha has overseen a greater than 5,600,000% cumulative return in his company's Class A shares (BRK.A) since taking over in the mid-1960s.

Although Buffett is an unabashed optimist who has frequently cautioned investors to not bet against America, his short-term actions don't always align with his long-term ethos.

Over a seven-quarter span -- which is likely to become eight, given Berkshire's aggressive selling of Bank of America shares in the September-ended quarter -- Warren Buffett and his top investment aides, Todd Combs and Ted Weschler, have collectively sold close to $132 billion more in stocks than they've purchased. As of June 30, Berkshire's cash pile, which includes short-term U.S. Treasury bills, stood at a record $276.9 billion.

Without bluntly stating so, Buffett's actions appear to be a clear warning to Wall Street that the stock market is historically pricey.

Yet in spite of this warning, there are a select few stocks that have caught the Oracle of Omaha's eye. One of the priciest stock markets in history hasn't stopped Buffett from piling into the following four unstoppable stocks.

First up is satellite-radio operator Sirius XM Holdings (NASDAQ: SIRI), which merged with Liberty Media's Sirius XM tracking stock, Liberty Sirius XM Group, in September and conducted a 1-for-10 reverse split.

Between Oct. 9 and Oct. 11, a Form 4 filing with the Securities and Exchange Commission showed that Berkshire had acquired approximately 3.56 million shares of Sirius XM, which increased its existing stake to 108.7 million shares, or roughly 32.1% of the company's outstanding shares.

Buffett is a big fan of sustainable moats, and this is something Sirius XM definitely brings to the table. As the only licensed satellite-radio operator, Sirius XM is a legal monopoly. While it still has to battle with terrestrial and online radio for listeners, being the only satellite-radio operator affords it superior subscription pricing power.

To build on this point, its sales channels are markedly different than traditional radio operators. Whereas the latter bring in most of their sales from advertising, Sirius XM generated 77% of its net revenue from subscriptions through the first-half of 2024. Subscription revenue is less volatile than enterprise ad spending, which leads to more predictable cash flow for Sirius XM.