Have $1,000? 2 Warren Buffett Stocks to Buy
Whether you're an investor just starting out or one who might have a limited budget, it's a good practice to invest an amount that you're willing to be without in the short term so that you can build for the long term. If $1,000 is that mark for you, these two Warren Buffett-backed stocks could provide the foundation you want for your long-term investment strategy.
AbbVie (NYSE: ABBV) and Verizon Communications (NYSE: VZ) offer innovative products in growing markets, combined with a strategy that withstands market volatility, to reward investors with long-term gains. They also carry a special characteristic that is shared by 63% of the stocks owned by Buffett in his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio.
Image source: Getty Images.
Source Fool.com
