2 Warren Buffett Growth Stocks to Buy Now and Hold Forever
Berkshire Hathaway CEO Warren Buffett made his name as one of history's most successful investors using a value-oriented approach. But the Oracle of Omaha has also been putting more of his company's money behind promising growth stocks in recent years. In fact, roughly 48% of the investment conglomerate's stock portfolio is invested just in Apple, one of the world's most high-profile growth stocks.
Buffett's love for Apple is no secret, but growth-focused investors might want to home in on other potentially explosive technology plays in the Berkshire portfolio. If you're interested in adding Buffett-backed growth stocks to your own portfolio, read on to see why two Motley Fool contributors believe that backing these tech leaders is a path to scoring big wins.
Parkev Tatevosian: Warren Buffett owns a collection of excellent stocks in his Berkshire Hathaway portfolio. One of my current favorites for long-term investors is Amazon (NASDAQ: AMZN). The online-bookseller-turned-everything-store has built a sustainable competitive advantage, capitalizes on the convenience of shopping online, and trades for a relatively cheap valuation considering its growth prospects.
Source Fool.com