2 No-Brainer Billionaire-Owned Stocks to Buy Right Now

Since no one knows what will happen at any given time in the stock market, investors are always looking for tips, guidance, and direction. What better place to find it than the portfolios of billionaire asset managers? It's a strategy that makes sense as long as you, of course, do your own due diligence as well. After all, your strategy and allocation will likely look different than Warren Buffett's.

Two stocks that are popular now among some asset managers and could provide inspiration for your own next great buy are Amazon (NASDAQ: AMZN) and PayPal Holdings (NASDAQ: PYPL). Here's why.

Buffett owns Amazon, and so do many other billionaire asset managers, such as Larry Fink of BlackRock and Ken Fisher of Fisher Asset Management. It fits so many different investing styles, which is why it's such a universal investment. It offers growth, but it's not very risky. It has loads of opportunities, but it's backed up by its incredible brand and assets.

Continue reading

Source Fool.com