Got $1,000? 2 Buffett Stocks to Buy in 2023 and Hold Forever
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has famously said that his company's favorite holding period for stocks is "forever." Of course, finding investment opportunities that are worth holding for the ultra-long term is no easy task, but Buffett and Berkshire have an incredible track record on that front.
Thanks to strong leadership, a foundation of smart money-managing principles, and a series of fantastically successful investment moves that were given time to flourish, Berkshire Hathaway currently stands as the world's sixth-largest publicly traded company and sports a market capitalization of roughly $671 billion. Not too shabby, especially considering that Berkshire was a struggling textiles company when Buffett purchased a controlling stake in the business and became its chief executive back in 1965.
If you're looking to invest like the Oracle of Omaha, read on for a look at two Buffett-backed stocks that are worth buying and holding for the long haul.
Source Fool.com
