Buffett-Approved Stocks for a Turbulent Market

Warren Buffett's Berkshire Hathaway portfolio has given investors valuable insight into how to navigate market downturns. If a stock market crash is on the horizon, three stocks from his portfolio could provide stability and potentially thrive in a higher oil price environment.

The Coca-Cola Company (NYSE:KO) is one of these resilient businesses. With a 38-year history in Buffett's portfolio, this Dividend King has increased its dividend for an impressive 64 years and counting. Its low volatility and steady business model make it an attractive option during market uncertainty.

American Express (NYSE:AXP), another long-held position in Berkshire Hathaway's portfolio, is also poised to benefit from a potential market crash. With a beta of 1.05, this financial services leader has been slightly more volatile than the S&P 500 over the past five years, but its stock has nearly doubled during that period and outperformed the overall market.

Chevron (NYSE:CVX) is also worth considering. Although not one of Buffett's longest-held positions, Berkshire added this oil giant to its portfolio in late 2020, when oil stocks were still down sharply due to the COVID-19 pandemic. With Chevron's ability to fund its dividend program and planned capital projects with Brent crude below $50 per barrel, it could potentially flourish in a higher inflation environment driven by soaring oil prices.