The stock market is taking a beating—again. The Nasdaq just hit its lowest level since 2020, the S&P 500 is deep in the red, and investors are scrambling. Recession fears, inflation worries, and policy uncertainty have Wall Street on edge.

The fourth quarter saw Buffett sell off significant chunks of his stakes in financial stocks including Bank of America and Citigroup. At the same time, he's piled any cash leftover after Berkshire's massive tax bill into one high-yield investment. Here's what investors need to know.

Four top Warren Buffett picks are perfect now for growth and income investors as they come with solid and dependable recurring dividends.