5 Best Warren Buffett Stocks To Watch Right Now

When it comes to great investors, they don't get much better than Warren Buffett. Through shrewd investments in stocks and entire companies that he bought, Buffett has grown his Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) company's per-share book value by an annual average of 19.7% between 1965 and 2012. That's a total gain of more than 586,000%. The company's stock has grown by about about million percent since 1965, enough to turn a $10,000 investment into roughly $100 million. So we can agree that the guy knows a thing or two about investing, right? Thus, it would be smart to heed his investment advice. Let's a look at some of his nuggets of wisdom.

Be optimistic
"Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts, the Depression, a dozen or so recessions and financial panics, oil shocks, a flu epidemic, and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497."

5 Best Warren Buffett Stocks To Watch Right Now: Tesoro Logistics LP(TLLP)

Tesoro Logistics LP engages in the ownership, operation, development, and acquisition of crude oil and refined products logistics assets in the United States. The company is involved in the gathering, terminalling, transportation, and storage of crude oil and refined products. Its assets consist of a crude oil gathering system in the Bakken Shale/Williston Basin area of North Dakota and Montana; eight refined products terminals in the midwestern and western United States; a crude oil and refined products storage facility; and five related short-haul pipelines. The company was founded in 2010 and is based in San Antonio, Texas. Tesoro Logistics LP is a subsidiary of Tesoro Corporation.

Advisors' Opinion:

• [By Ben Levisohn]

  Yesterday, Tesoro Corp. (TSO) sold a bunch of assets to Tesoro Logistics (TLLP) for $650 million, the second “drop-down,” or sale of assets by a parent company to a partnership.

• [By Lauren Pollock]

  Tesoro Logistics LP(TLLP), a company spun off in 2011 by oil refiner Tesoro Corp.(TSO), agreed to pay its former parent $650 million to acquire Los Angeles assets that include two marine terminals and a pipeline system.

• [By Lee Jackson]

  Tesoro Logistics L.P. (NYSE: TLLP) is an Oppenheimer favorite, especially after the pullback in the stock price. The company has strong fee-based contracts that increase the likelihood of consistent increases in the distribution. The Oppenheimer price target is posted at $61, while the consensus is at $63. Shareholder are paid a 3.8% distribution.

5 Best Warren Buffett Stocks To Watch Right Now: Progress Energy Inc.(PGN)

Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power to generate electricity. The company also engages in various alternative energy projects to generate electricity from swine waste and other plant or animal sources, biomass, solar, hydrogen, and landfill-gas technologies. Progress Energy serves various industries, including chemicals, textiles, paper, food, metals, wood products, rubber and plastics, and stone products, as well as phosphate rock mining and processing, electronics design and manufacturing, and citrus and other food processing. It has approximately 22,000 megawatts of regulated electric generation capacity and serves approximately 3.1 million retail electric customers, as well as other load-serving entities. The company was formerly known as CP&L Energy, Inc. Progress En ergy, Inc. was founded in 1925 and is headquartered in Raleigh, North Carolina.

Advisors' Opinion:

• [By Holly LaFon] ess Energy shares climbed over 2011 as the company announced in January it would merge with Duke Energy. Together, they will form the nation�� largest utility with a combined enterprise value of $65 billion and $37 billion in market cap. The new company will have 57 gigawatts of domestic generating capacity through a mix of coal, nuclear, natural gas, oil and renewable resources. Progress energy shareholders will receive an approximately 3 percent dividend increase.

  Incidentally, development of a comprehensive energy policy was one of what Grantham called ��he most important and most dangerous issues��facing the world.

  Progress is at the forefront of the push for nuclear energy in the U.S., which has been deemed the ��uclear renaissance.��Thirty-five percent of the electricity used by Progress Energy customers comes from one of their four nuclear sites, two in North Carolina, and one each in South Carolina and Florida. It plans to build another reactor in Levy County, Florida.

  Revenue at Progress Energy has declined at a 2.6% annual rate over the past five years, and it achieved cash flow of $95 million in 2010, after three years of losses. Earnings have remained positive, reaching a record for the decade of $856 million in 2010.

  RSC Holdings (RRR)

  RSC is a machinery rental service for construction, industrial, petrochemical, governmental and manufacturing businesses in the U.S. and Canada. RSC tends to benefit in economic downturns, as more businesses turn to renting rather than buying equipment to cut costs. Rented equipment rose 20.7% percent (the sixth consecutive quarter of double-digit growth) and rental revenue increased 27% in the fourth quarter of 2011, compared to last year.

  United Rentals (URI), one of RSC�� largest competitors, had a rental revenue increase of 18.5% in the fourth quarter compared to last year, which included a 6.7% increase in rental rates.

  The company�� fleet utilization also

Top Financial Companies To Watch For 2014: Great Wolf Resorts Inc.(WOLF)

Great Wolf Resorts, Inc., together with its subsidiaries, operates as a family entertainment resort company in North America. It owns, licenses, operates, and develops drive-to destination family resorts featuring indoor water parks and other family-oriented entertainment activities under the Great Wolf Lodge brand name. The company?s resorts features a combination of amenities, including themed restaurants, ice cream shop and confectionery, full-service adult spa, kid spa, game arcade, gift shop, miniature golf, interactive game attraction, family tech center, and meeting space. As of December 31, 2011, it operated 11 Great Wolf Lodge resorts located in Wisconsin Dells, Wisconsin; Sandusky, Ohio; Traverse City, Michigan; Kansas City, Kansas; Williamsburg, Virginia; Pocono Mountains, Pennsylvania; Niagara Falls, Ontario; Mason, Ohio; Grapevine, Texas; Grand Mound, Washington; and Concord, North Carolina. The company was founded in 1992 and is headquartered in Madison, Wis consin.

5 Best Warren Buffett Stocks To Watch Right Now: Maple Leaf Reforestation Inc. (MPE.V)

Maple Leaf Green World Inc. operates in the environmental industry primarily in China. The company operates a nursery business in inner Mongolia that focuses on growing tree seedlings and nursery products, which assist with antidesertification. It also focuses on a Yellowhorn seedling and tree operations, which provide Yellowhorn seeds and oil for the manufacture of bio-diesel fuel and cooking oils. The company was formerly known as Maple Leaf Reforestation Inc. and changed its name to Maple Lead Green World Inc. in October 2012. Maple Lead Green World Inc. is based in Calgary, Canada.

5 Best Warren Buffett Stocks To Watch Right Now: Data#3 Ltd (DTL.AX)

Data#3 Limited, together with its subsidiaries, provides information and communication technology (ICT) solutions company in Australia and the Asia Pacific. The company provides software licensing, software asset management, and workforce productivity solutions to optimize and manage the acquisition and use of software licensed in volume from global manufacturers; integrated solutions to design and deploy hardware and software infrastructure for the desktop, network, and data centre; and product solutions for procuring, configuring, rolling-out, and disposing of technology cost effectively. It also offers managed services to provide outsourced solutions for infrastructure operations, support, and maintenance; and people solutions to provide contract and permanent recruitment and human capital performance management. The company�s services include strategic consulting, software licensing, asset management, business productivity, SaaS, security, hardware procurement and lif ecycle management, mobility, recruitment and HR, managed operations and support, maintenance, IaaS, end-user support, datacenter, virtualization, systems management, network integration, disaster recovery, collaboration, end-user computing, and enterprise productivity applications. The company serves a range of industries, including banking and finance, mining, tourism and leisure, legal, healthcare, manufacturing, distribution, government, and utilities sectors. Data#3 Limited was founded in 1977 and is headquartered in Toowong, Australia.