There are many types of stocks that are suitable for Warren Buffett's portfolio that aren't one of Berkshire Hathaway's holdings. Investors can, however, apply Buffett's way of thinking and methodology to find their own good, deep-value stocks to buy.

One intriguing option right now might be cruise ship operator Carnival (NYSE: CCL). The stock has been surging this year as its financials have improved. But is this a business that Buffett would invest in, given the stock's risk and volatility?

There are multiple boxes that Carnival would likely tick off for the billionaire investor as a possible investment option.

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Source Fool.com