Got $1,000? 5 Buffett Stocks to Buy and Hold Forever
Warren Buffett's Berkshire Hathaway portfolio has drawn attention for decades. Its 20% average annual return since 1965 doubled the performance of the S&P 500.
Despite that performance, not all of the stocks Buffett owns are buys today. Nonetheless, Buffett and his team continue to add stocks. To that end, investors should pay particular attention to five of Buffett's key additions in recent years, all of which are affordable within a $1,000 budget.
Apple (NASDAQ: AAPL) has become one of the most recognizable brands in the world. Its iPhones, Mac computers, and wearables have become highly desired by consumers, and Buffett came to appreciate the value of these offerings over time. Consequently, it has served both Apple and Berkshire investors so well that it has outperformed the S&P 500 at a time when many tech stocks fell by more than 75%.
Source Fool.com