There are two stocks in particular from Buffett's portfolio that warrant consideration: American Express (NYSE: AXP) and Moody's (NYSE: MCO). As my colleague Sean Williams writes, Buffett likes the cyclicality of the sector, particularly with regard to banks, as periods of growth typically last much longer than recessions. The stock took a hit in November, as all payment and credit companies did, on fears of inflation, supply chain issues, and COVID-19 variants slowing down the economy and creating a less than merry Christmas.