Top 10 Warren Buffett Stocks To Own Right Now

Recently, The Motley Fool had five analysts identify Warren Buffett's best investment. I expected that one of the five would identify Buffett's 2011 deal with Bank of America (NYSE: BAC  ) -- a $5 billion infusion when the bank and market needed it. However, because two of my colleagues identified the deal as the best, I decided that I should take a deeper look at the deal that some people may have forgotten about, especially with all the daily noise that surrounds a stock like Bank of America.

A quick rundown of the deal
In case you are unaware or simply forgot, Buffett, using the bullet-proof balance sheet of Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) ,�provided Bank of America with $5 billion in August 2011. Buffett received some special preferred shares, as well as warrants to purchase B of A common shares. These warrants are redeemable at any time until 2021, allowing Berkshire to purchase 700 million shares of Bank of America at around $7.14 a share.

Top 10 Warren Buffett Stocks To Own Right Now: Forsys Metals Corp Com Npv(FSY.TO)

Forsys Metals Corp., an exploration stage company, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Namibia. The company primarily explores for uranium and gold ores. Its flagship project is the Valencia Uranium project that covers an area of approximately 735.6 hectares located south-west of the town of Usakos in central-west Namibia. The company was formerly known as Forsys Technologies Inc. and changed its name to Forsys Metals Corp. in June 2005. Forsys Metals Corp. was incorporated in 1985 and is headquartered in Toronto, Canada.

Top 10 Warren Buffett Stocks To Own Right Now: KMG Chemicals Inc.(KMGB)

KMG Chemicals, Inc., through its subsidiaries, engages in the manufacture, formulation, and distribution of specialty chemicals in the United States and internationally. The company offers electronic chemicals that include high purity wet process chemicals, such as sulfuric, phosphoric, nitric, and hydrofluoric acids; and ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, and various blends of chemicals that are used to clean and etch silicon wafers in the production of semiconductors. It also provides wood treating chemicals, including penta blocks, flakes, and solutions, as well as a byproduct of penta production that are used primarily to treat electric and telephone utility poles, protecting them from mold, mildew, fungus, and insects; and creosote products, which are used as wood preservatives for railroad crossties and utility poles. The company markets its animal health products under the trade names of Zymace, Lactomace, Protomace, Proxitane, Avenger, Rabon, Ravap, Patriot, and Annihilator. KMG Chemicals, Inc. was founded in 1992 and is based in Houston, Texas.

Top Safest Stocks To Own For 2014: Pacific Premier Bancorp Inc(PPBI)

Pacific Premier Bancorp, Inc. operates as the holding company for Pacific Premier Bank that provides various commercial banking services to businesses and consumers in Southern California. The company?s deposit products include passbook savings, checking accounts, money market accounts, and certificates of deposit. Its loan portfolio comprises multi-family real estate, commercial non-owner occupied real estate, one-to-four family real estate, commercial owner-occupied business, commercial and industrial, and U.S. small business administration loans, as well as other loans, such as saving accounts and auto loans. In addition, the company offers cash management, electronic banking, and on-line bill payment services. As of July 27, 2011, it operated nine full-service depository branches in the cities of Costa Mesa, Huntington Beach, Los Alamitos, Newport Beach, Palm Desert, Palm Springs, San Bernardino, and Seal Beach, Southern California. The company was founded in 1983 and is headquartered in Costa Mesa, California.

Top 10 Warren Buffett Stocks To Own Right Now: Ark Restaurants Corp. (ARKR)

Ark Restaurants Corp., through its subsidiaries, engages in the ownership and operation of restaurants and bars, fast food concepts, and catering operations. As of October 2, 2010, it owned and operated 22 restaurants and bars, including 9 facilities located in New York City; 4 in Washington, D.C.; 5 in Las Vegas, Nevada; 2 in Atlantic City, New Jersey; 1 at the Foxwoods Resort Casino in Ledyard, Connecticut; and 1 in the Faneuil Hall Marketplace in Boston, Massachusetts, as well as had 29 fast food concepts and catering operations. The company was founded in 1983 and is based in New York, New York.

Advisors' Opinion:

• [By Bram de Haas]

  Ark Restaurants Corp (ARKR) owns and operates 19 restaurants and bars, 22 fast food concepts and catering operations in the USA. This is a short article outlining why they are an interesting company to put on the buy list. It needs to be said, this is not a chain that can roll out their concept or brand nationwide and enjoy terrific growth of their franchise. They chose not to build up brands and instead operate under trade names that suit the unique locations they prefer. The reason that I want to highlight this small company is that in recent years they have faced numerous challenges and adversity (aside from those posed by the general economy) and it's possible they have dealt with the majority, and free cash flow will enjoy a significant uptick in the next two years.

Top 10 Warren Buffett Stocks To Own Right Now: Reeds Inc.(REED)

Reed?s, Inc., together with its subsidiaries, engages in the development, manufacture, marketing, and sale of natural non-alcoholic and New Age beverages, candies, and ice creams primarily in the United States, Canada, Europe, and Asia. The company?s New Age beverages product line includes natural soda, fruit juices and fruit drinks, ready-to-drink teas, sports drinks, and water. It also offers six Reed?s Ginger Brew flavors, including extra, original, premium, cherry ginger, raspberry ginger, and spiced apple ginger; five Virgil?s beverages comprising root beer, cream soda, orange cream soda, black cherry cream soda, and real cola; four zero calorie Virgil?s versions; two China Cola regular and cherry beverages; and two Sonoma Sparkler sparkling juices. In addition, the company offers three types of ginger candies, including crystallized ginger, ginger chews, and peanut butter ginger chews; and three flavors of ginger ice cream comprising original, green tea, and cho colate. Further, it provides Reed?s Natural Energy Elixir, an energy drink; and Reed?s Nausea Releif, a ginger brews based product with added B vitamins. Reed?s, Inc. sells its products to specialty gourmet and natural food stores, supermarket chains, retail stores, and restaurants through a network of natural, gourmet, and independent distributors, as well as through a direct sales team and independent sales representatives. The company was formerly known as Original Beverage Corporation and changed its name to Reed?s, Inc. in 2001. Reed?s, Inc. was founded in 1987 and is based in Los Angeles, California.

Top 10 Warren Buffett Stocks To Own Right Now: Cosmos Ltd(COO.AX)

Corum Group Limited provides dispense and point of sale software applications, hardware, and support services to pharmacies in Australia. The company also offers funds transfer, and bill presentment and payment solutions through electronic methodologies for payment of rent, utilities, local government fees, and commercial obligations. In addition, it provides a range of training services to the real estate industry, including industry qualification courses, distance learning, skill-developing, and success orientated programs and coaching. The company was formerly known as Cosmos Limited and changed its name to Corum Group Limited in November 2006. Corum Group Limited is headquartered in Sydney, Australia.

Top 10 Warren Buffett Stocks To Own Right Now: Full House Resorts Inc.(FLL)

Full House Resorts, Inc., together with its subsidiaries, develops, manages, invests in, and owns gaming-related enterprises. The company holds interest in Gaming Entertainment (Delaware), LLC, a joint venture with Harrington Raceway, Inc., which has a management contract with Harrington Raceway and Casino that has approximately 1,800 slot machines and 40 table games, a 450-seat buffet, a dining restaurant, a 50-seat diner, and an entertainment lounge area located in Harrington, Delaware. It also owns and operates Stockman?s Casino, which has approximately 264 slot machines, 4 table games, and keno, as well as a bar, a dining restaurant, and a coffee shop situated in Fallon, Nevada. In addition, the company holds interests in Gaming Entertainment Michigan, LLC that has a joint venture with RAM Entertainment, LLC, which has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of the FireKeepers Casino in Battle Cre ek, Michigan. Full House Resorts, Inc. was founded in 1987 and is based in Las Vegas, Nevada.

Top 10 Warren Buffett Stocks To Own Right Now: Utah Medical Products Inc.(UTMD)

Utah Medical Products, Inc. produces medical devices for the healthcare industry primarily in the United States and Europe. The company provides labor and delivery/obstetrics products, including fetal monitoring accessories, vacuum-assisted delivery systems, and other obstetrical tools, as well as neonatal intensive care products, such as DISPOSA-HOOD, an infant respiratory hood; DELTRAN PLUS, a blood pressure monitoring system; and GESCO, a biocompatible silicone catheter. It also offers umbilical vessel and artery, thermosensitive polyurethane, and peripherally inserted central venous catheters; enteral feeding devices; DIALY-NATE, a disposable peritoneal dialysis set; PALA-NATE, a silicone oral protection device; and MYELO-NATE for obtaining cerebral spinal fluid samples. In addition, the company provides gynecology/urology/electrosurgery products comprising LETZ System to excise cervical intraepithelial neoplasia; FINESSE electrosurgical generator; FILTRESSE evacuators ; EPITOME, an electrosurgical scalpel; PATHFINDER PLUS, an endoscopic irrigation device; LIBERTY system to treat and control urinary incontinence in women; ENDOCURETTE, a curette for uterine endometrial tissue sampling; TVUS/HSG-Cath to assess abnormal uterine bleeding; and LUMIN for manipulating the uterus. Further, it offers DELTRAN for blood pressure monitoring; and pressure monitoring accessories, components, and other molded parts. The company?s products are used in neonatal intensive care units, labor and delivery departments, and women?s health center in hospitals, as well as in outpatient clinics and physician's offices. It markets its products through direct sales representatives, independent manufacturers? representatives, specialty distributors, national hospital distribution companies, and other medical device manufacturers; and through other medical device companies and independent medical products distributors. The company was founded in 1978 and is headquar tered in Midvale, Utah.

Advisors' Opinion:

• [By Geoff Gannon]

  Utah Medical Products (UTMD)

  There are some interesting stories on that list. Buffett watchers know The Washington Post. Ben Graham fans know National Presto. Anyone who follows net-nets is familiar with Micropac. If you��e a high ROC investor you��e probably come across Utah Medical Products (operating margins are over 30%). Atrion has one of the most interesting histories of value creation starting in the 1990s. And Arden is a grocer that earns a 15% return on equity in a bad year.

Top 10 Warren Buffett Stocks To Own Right Now: Inergy L.P. (NRGY)

Inergy, L.P. engages in the storage and transportation of natural gas and natural gas liquids (NGL) in the United States and Canada. The company is also involved in the fractionation and distribution of NGL; and processing of natural gas and distribution of propane, marketing, and price risk management services to users, retailers, and resellers. In addition, it engages in the production and sale of salt products. The company owns and operates four natural gas storage facilities that include Stagecoach, Thomas Corners, Steuben, and Seneca Lake; natural gas transportation assets in New York and Pennsylvania; NGL storage facility in New York; and solution-mining and salt production company in New York. Its customers primarily include natural gas local distribution companies, electric generation companies, natural gas producers, other natural gas pipelines, and natural gas marketing companies. Inergy, L.P. founded in 2001 and is headquartered in Kansas City, Missouri.

Advisors' Opinion:

• [By Matt DiLallo]

  Inergy (NYSE: NRGY  )
  With operations that include a natural gas storage business as well as natural gas liquids assets, Inergy is another MLP to consider if you are on the lookout for a dividend-paying stock. There are a lot of moving parts with this company, which makes it an interesting stock to watch. The company, along with its affiliate Inergy Midstream (NYSE: NRGM  ) , is in the process of merging with Crestwood Midstream Partners (NYSE: CMLP  ) to create a company boasting increased size, scale, and diversity, as you can see below. Once the transformational transaction is complete, the company can pursue its opportunity-rich organic growth projects which should drive both returns and income growth for investors.

• [By Dan Caplinger]

  Consolidation has been the name of the game for growth in the propane industry lately, with some deals having made big changes to the industry over the past year. Last spring, Inergy (NYSE: NRGY  ) decided to sell off its retail propane business to Suburban Propane (NYSE: SPH  ) , vastly increasing Suburban's size while giving Inergy a big stake in its former rival. Meanwhile, Ferrellgas has continued its string of more modest acquisitions, with the company's buyout of privately held Western Petroleum marking the fifth purchase Ferrellgas has made since last August.

Top 10 Warren Buffett Stocks To Own Right Now: Ardea Biosciences Inc.(RDEA)

Ardea Biosciences, Inc., a biotechnology company, focuses on the discovery and development of small-molecule therapeutics for the treatment of gout and cancer in the United States. Its product candidates include Lesinurad (RDEA594), an inhibitor of the URAT1 kidney transporter, which is in Phase III clinical trials for the treatment of gout; BAY 86-9766 (RDEA119), a mitogen-activated ERK kinase (MEK) inhibitor that is in Phase II clinical trials for the treatment of cancer; and RDEA3170, an URAT1 kidney transporter inhibitor, which is in Phase I clinical trials for the treatment of gout. The company has a development and commercialization license agreement with Bayer Healthcare AG to develop and commercialize MEK inhibitors for various indications. Ardea Biosciences, Inc. is based in San Diego, California.