2 Colossal Warren Buffett Stocks to Buy in 2023 and Hold Forever
Warren Buffett doesn't bet on the market for just a year or two. The billionaire has made his fortune by investing in great companies and holding them for the long term. If you follow his lead, the idea is you benefit over time from a business' growth -- and in some cases from dividend payments too. So, it's key to choose companies that have solid prospects well into the future.
Two that fit the bill are Amazon (NASDAQ: AMZN) and Coca-Cola (NYSE: KO). They both are quite different from each other. Amazon is a younger company focused on growing its business -- and it doesn't pay a dividend. Coca-Cola is a long-established giant that investors flock to for its history of earnings and dividend growth. But the future looks bright for both of these colossal Buffett stocks. That's why it's a great idea to buy them in 2023 and hold forever.
Amazon offers investors a major buying opportunity today. The current economic climate has weighed on Amazon's earnings. That's left the shares down -- and trading near their lowest in relation to sales since about 2016.
Source Fool.com
