3 Stocks Warren Buffett Would Love

Though Warren Buffett has been the target of doubters and naysayers of late, there is no denying his long-term track record, or that of his conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Buffett has traditionally stuck to his very simple criteria in picking stocks: invest in businesses you understand, choose companies with sustainable competitive advantages and favorable long-term prospects, make sure they are run by competent and trustworthy managers, and buy in at reasonable prices.

Unfortunately, Buffett has traditionally shied away from technology stocks, claiming that he doesn't understand the space very well and/or that those stocks seem expensive. That has led Berkshire to miss out on a lot of the tech-fueled market gains this year and over the past decade.

And yet, sticking with Buffett's universal criteria is still a smart idea. Of the following three Buffett-like stocks, two have beaten the market handily over the past five years, and the other one is showing rapid business improvement, with intriguing potential.

Source Fool.com