Lastly, Sirius XM Holdings is a cheap stock in a very pricey market. It's trading at 8.5 times forecast earnings for 2025, which represents a 46% discount to its average forward P/E ratio over the trailing-five-year period. When coupled with a 3.8% dividend yield, it's easy to see why Sirius XM is a top stock Warren Buffett wants to own in 2025.

"As with most measures, we need to be careful using it when we compare the present to the past," Morgan Stanley's Michael Mauboussin said.

Few names command as much attention when it comes to investing as Warren Buffett. It's for good reason, too, when you consider the success he and his company, Berkshire Hathaway, have sustained through decades.

Warren Buffett’s Berkshire Hathaway has sold $133 billion worth of stocks in the first three quarters of 2024. This includes a reduction in its stake in Bank of America, which has been a major investment for Berkshire in recent years.