3 No-Brainer Buffett Stocks to Buy Before the End of 2022
Warren Buffett's advice is always in demand, but even more so when the market is down and investors are looking for methods to safeguard their money and even increase it. Buffett is a proponent of value investing, and value stocks tend to perform better than growth stocks in challenging markets. Many value stocks are outperforming the market now, as are many Buffett stocks. As 2022 comes closer to its end, it's a great time to grab shares of some these high-quality stocks that should be able to pull your portfolio through any markets. Amazon (NASDAQ: AMZN), Coca-Cola (NYSE: KO), and American Express (NYSE: AXP) are three great options.
As a tech stock with a high valuation, Amazon isn't the kind of stock you usually see in Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) portfolio. But even Buffett himself said he missed the boat on Amazon, and it's likely that one of his investment managers purchased the stock for the holding company when it first took a position in 2019.
That was way after the incredible gains Amazon has made for investors since it went public in 1997. But it's a big vote of confidence for what Amazon can still do to create shareholder wealth in the future. It was actually just prior to the pandemic when Amazon's sales shot up.
Source Fool.com
