2 Warren Buffett Stocks to Hold Forever
Choosing stocks that you never have to sell has enormous advantages. If you choose well, it means you can let the investment compound in value for potentially decades. As Warren Buffett knows all too well, uninterrupted compound interest is the best way to build lasting wealth.
Since 1965, Buffett's investing skills have steered Berkshire Hathaway's shares to an awe-inspiring return of 4,384,748% through 2023. A key component of those returns was selected investments in stocks of strong companies in its $300-plus-billion equity portfolio. Let's look at two of its top stock holdings that can grow for decades.
Warren Buffett has a long history of betting big on strong consumer brands. Apple (NASDAQ: AAPL) has a loyal customer base that is willing to give up many other things before their iPhones. The stock has returned 531% since Berkshire first started buying the stock in 2016, which brought its stake to a value of $174 billion at the end of 2023.
Source Fool.com
