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.
Source Fool.com