2 Warren Buffett-Type Stocks to Buy for the Long Haul
Some investors like to follow in the footsteps of Warren Buffett and buy the same stocks he does. It's no surprise that one of the stocks he has been buying up the most this year, Occidental Petroleum, has also been one of the hottest -- it is up 140% while the S&P 500 has fallen by 13%.
But rather than trying to ride Buffett's coattails, investors can look for similar stocks that fit his investing strategy and that aren't in Berkshire Hathaway's portfolio. By doing this and not following the crowd, you could set yourself up for better gains down the road.
A couple of Buffett-type stocks to consider buying for the long haul right now are UnitedHealth Group (NYSE: UNH) and Anheuser-Busch InBev (NYSE: BUD).
Source Fool.com