Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

1 Bargain-Basement Warren Buffett Stock Down 50% to Buy Before 2023


Those looking to succeed as investors could do worse than following the example of legendary Berkshire Hathaway CEO Warren Buffett. One could argue that the so-called "Oracle of Omaha" is among the most successful investors ever. If you have doubts, consider this: Since he took the reins of the company in 1965, the stock has delivered gains of more than 20% annually and in total has soared a mind-boggling 3,641,613%. 

Given the macroeconomic climate that pervaded most of 2022, it isn't surprising that investors are looking to the future, using Buffett's dizzying array of stocks as a place to start. One stock that stands out as a particularly compelling opportunity right now is Amazon (NASDAQ: AMZN). The bear market has mauled the shares, which are down 50% from their high. However, Amazon has a strong history of growth, is a top performer in several industries, and has an enviable track record of success.

Image source: Amazon.

Continue reading


Source Fool.com

Like: 0
Share

Comments