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