3 Warren Buffett Stocks to Buy and Hold
Lots of investors can boast of a great year, and there are some who have done well in consecutive years. But if you look at long-term track records, you'll be hard-pressed to find anyone who has outperformed Warren Buffett.
Buffett took control of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) way back in 1965 and since then the holding company's share price has increased at a rate of 19.6% annually. Investors who held on the whole time have seen a return of more than 3,160,000% at the stock's recent closing price.
Berkshire Hathaway's equity portfolio is a good place to look for new stock ideas. Before running out and recreating Buffett's actions, though, you should know that even he doesn't recommend blindly following every investment he makes. Here are three that stand out from the pack as excellent stocks to buy now.
Source Fool.com
