The 3 Best Buffett Stocks for Retirees
Quality and durability should be the two pillars of any retiree's stock portfolio. A company that has a long track record of success and a bright future thanks to durable competitive advantages is the ideal candidate for inclusion.
Warren Buffett is known for seeking these types of companies, holding shares for decades and letting the power of compounding work its magic. We asked three of our Foolish investors to each detail a "Buffett stock" that would be a great fit for retirees. Here's why Kinder Morgan (NYSE: KMI), Kraft Heinz (NASDAQ: KHC), and Johnson & Johnson (NYSE: JNJ) are great options.
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Source: Fool.com
Johnson & Johnson Stock
€224.25
0.110%
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
With a target price of 228 € there is a slightly positive potential of 1.67% for Johnson & Johnson compared to the current price of 224.25 €.
