2 Top Warren Buffett Stocks to Buy Right Now
Warren Buffett's holding company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), has enjoyed an average annual return of 20% since 1965 compared to the S&P 500's average of just 10% over that same period. He's pulled this off by betting on companies with strong economic moats, which is their ability to maintain an edge over rivals.
Let's explore why two Buffett holdings -- RH (NYSE: RH) and Sirius XM (NASDAQ: SIRI) can use their moats to create long-term value for investors.
At first glance, it's hard to see RH's competitive advantage. As a home furniture store, its products aren't super differentiated from rivals'. But RH created a moat for itself by carefully curating a luxury-oriented brand identity. This transformational strategy can boost profits and keep competition at bay.
Source Fool.com
