3 Warren Buffett Stocks to Hold Forever

I think the Warren Buffett quote most frequently taken out of context is his famous proclamation that his "favorite holding period is forever." To be sure, the legendary investor did say those exact words in his 1988 letter to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholders. However, he conditioned the statement on owning "portions of outstanding businesses with outstanding managements."

Even a cursory look at Buffett's trades in recent quarters will show that he often doesn't hold stocks for long periods. But several stocks he owns meet his criteria of exceptional businesses and management teams. Here are my picks for three Buffett stocks to hold forever.

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Source Fool.com