3 Top Buffett Stocks to Buy and Hold for the Long Haul

With few exceptions, when Warren Buffett or one of his investing lieutenants, Todd Combs or Ted Weschler, buy a stock through Berkshire Hathaway's (NYSE: BRK.B)(NYSE: BRK.A) portfolio, they do so with the intention of holding it for the long haul. Buffett himself has often mused that his "favorite holding period is forever," and he places outsize focus on buying shares of high-quality businesses at fair prices.

With that in mind, here are three top stocks in Berkshire's portfolio that I believe are worth buying and holding for the long haul.

Warren Buffett has previously lamented that he didn't invest in Amazon.com (NASDAQ: AMZN) earlier. But it's still telling that he finally opened a position in the e-commerce and cloud computing giant in early 2019 -- even if it was at the behest of his investing lieutenants. As of June 30, Berkshire owned around 10.55 million shares of Amazon, worth $1.41 billion and making it the portfolio's 23rd-largest position out of 55 stocks.

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Source Fool.com