Looking for growth stocks in Warren Buffett's Berkshire Hathaway might seem optimistic, but you can't have a good growth stock without value, and you can't have a good value stock without growth. The latter applies here. Despite facing some cyclical challenges in 2023, UPS (NYSE: UPS), chemicals company Celanese (NYSE: CE), and Apple (NASDAQ: AAPL) all continue to improve their businesses for growth over the long term. Here's how.

The package delivery giant's sales and earnings are set to decline in 2023 due to the slowing global growth environment. Nonetheless, UPS is a company with excellent long-term growth prospects from its ongoing implementation of a transformational strategy. Launched in 2018, the strategy emphasizes growing its small and medium-sized (SMB) business and healthcare revenue, and taking a more selective approach to e-commerce deliveries. 

The pandemic helped accelerate growth in SMBs and healthcare as they hurried to develop e-commerce capabilities. Meanwhile, being more selective over e-commerce deliveries, such as foregoing certain less-profitable deliveries for Amazon.com, is helping improve profit margin and free cash flow from its assets in the U.S. and relieving stress on UPS' network. 

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Source Fool.com