2 Warren Buffett Stocks to Buy in June
Despite an investor stampede for the exits in the month of March that put a lot of stocks on sale, Warren Buffett's Berkshire Hathaway did surprisingly little stock buying in the first quarter. But the Oracle of Omaha has never been too concerned about passing up opportunities, famously saying: "The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch."
One good reason Buffett needn't lose any sleep over missed chances is that he's already put the ball into play on many occasions by buying some of the best businesses on the planet. His larger positions may be well known, but two of the smaller holdings in Berkshire's portfolio have excellent long-term prospects and stand out as bargains to consider buying in June. Brazilian payment processor StoneCo (NASDAQ: STNE) and retail landlord STORE Capital (NYSE: STOR) have been beaten down during the COVID-19 scare, haven't recovered yet, and are likely to produce handsome returns for investors with a patient mindset.
Warren Buffett. Image source: The Motley Fool.
Source Fool.com