2 Best Buffett Stocks to Buy for the Long Haul
Warren Buffett believes in investing for the long term. That's one of the secrets to his investing success. The billionaire investor once said, "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes."
Holding a stock for the long term allows you to benefit from the company's earnings growth, in some cases dividends, and overall development in its industry. That's why it's key to choose solid businesses. And one way of doing this is by following Buffett's lead. Let's check out two of the best Buffett stocks to buy for the long haul.
Johnson & Johnson (NYSE: JNJ) is a great choice for the long term for two reasons: its dividend growth and its strong earnings track record. Let's talk about the dividend first. J&J is a Dividend King. That means it's increased its dividend for at least the past 50 years. This is positive because it shows dividend growth is important to the company -- and that means the company is likely to continue along this path.
Source Fool.com
