3 Billionaire Stocks for Retirees

It can be a daunting task for investors to narrow down their list of potential stocks to buy. But that pressure can be even greater for retirees who want to enjoy the outsized gains offered by the stock market without much of the risk that seems to inevitably come with it.

But there are plenty of great stocks that offer a healthy balance between stability and the potential to deliver market-beating gains -- and all too often they're already owned by the world's wealthiest investors. To that end, we asked three top Motley Fool investors to each discuss a so-called "billionaire stock" that they believe retirees would be wise to consider. Read on to learn why they chose General Mills (NYSE: GIS), Procter & Gamble (NYSE: PG), and General Motors (NYSE: GM).

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Source: Fool.com