3 Stocks Warren Buffett Would Love
Warren Buffett earned his reputation as the greatest living investor thanks to his relentless focus on value investing. At its core, much of Buffett's version of value investing can be summed up in this famous quote from him: "It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Generally speaking, wonderful businesses to Buffett's mind are ones that can generate a substantial amount of cash over long periods of time. Cash generation is a clear sign that a company produces a good or service that people want and can price it at a level where it can earn a decent return for its efforts. Sustaining that cash generation over time is a sign that the company can adapt as the market changes. With that concept in mind, here are three stocks that Buffett would love.
Image source: Getty Images.
Source Fool.com