While the S&P 500 turned in an underwhelming performance over the past year and lost nearly 10% of its value, Warren Buffett's holding company Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) Class A shares held their ground nicely with gains of 2.4% during the same period.

The Oracle of Omaha easily outpaced the broader market's performance amid the downturn, which can be attributed to the Berkshire CEO's smart investment strategies. However, not all stocks in Buffett's portfolio escaped the broad market sell-off. Shares of Apple (NASDAQ: AAPL), Snowflake (NYSE: SNOW), and Amazon (NASDAQ: AMZN) dropped 15%, 32%, and 46%, respectively, over the past year. However, their declines mean that investors have an opportunity to buy potential long-term winners at attractive valuations.

Let's look at the reasons why buying these stocks right now is a no-brainer.

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Source Fool.com