3 Stocks for Warren Buffett Fans
Warren Buffett has done an astounding job creating value for investors in his holding company, Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), over the years. In fact, since taking over the company more than 50 years ago, he has more than doubled the average annual return of the market. One way he has done that is by using it to invest in great companies that he's held for years, letting them compound value for his investors.
Three companies that Buffett currently believes will keep that trend going are Apple (NASDAQ: AAPL), IBM (NYSE: IBM), and Phillips 66 (NYSE: PSX), which are among Berkshire's 10 largest holdings. Here's what makes them great stocks for Buffett fans to own, according to our Foolish investors.
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Source: Fool.com