Down 45%, 1 Warren Buffett Growth Stock to Buy in 2023
In 2019, CEO Warren Buffett's company Berkshire Hathaway finally initiated a position in Amazon (NASDAQ: AMZN) stock. It's a move that Buffett regretted not making sooner, and he went so far as to publicly call himself an "idiot" for not buying shares earlier in the market-crushing tech company's history.
Given his own incredible track record of market-beating success, it's fair to say that the Oracle of Omaha was being a bit hard on himself, but it's easy to see why he regretted missing out on much of the company's incredible run.
Here's the kicker: With the stock trading down roughly 45% from its high, investors actually have an opportunity to purchase Amazon stock at a price that's likely not much higher than what Buffett last bought it at. Read on to see why buying the tech giant's shares early in 2023 would be a great move.
Source Fool.com
