3 Warren Buffett Stocks Down 6% to 40% That I Would Buy in a Heartbeat
It's not too hard to get great ideas from investing legend Warren Buffett. Since 1965, his holding company, Berkshire Hathaway, has massively beaten the market with an annualized return of 19.8% versus 9.9% for the S&P 500 over that time period.
Some of Berkshire's equity positions look especially attractive right now, because their long-term potential is so compelling and their prices looks right. Amazon (NASDAQ: AMZN), Floor & Decor (NYSE: FND), and RH (NYSE: RH) are three stocks I would buy in a heartbeat.
Amazon is the second-largest U.S. company by sales with $514 billion in trailing-12-month revenue. Although there's been a slowdown since soaring pandemic demand came to an end, sales still increased 9% year over year in 2022, or 13% without the negative impact of currency trends. Not to downplay any pressures Amazon is experiencing, but they needs to be assessed within the broader context of Amazon's performance and opportunities.
Source Fool.com
