Invest Like Warren Buffett: Buy These 3 Stocks for the Next Bull Market
Warren Buffett has been shopping this year. In the years leading up to 2022, the famed value investor had been sitting on a growing stockpile of cash and was more prone to repurchasing shares of his own company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), than buying other stocks at what he viewed as mostly overpriced. This contrarian thinking has served Buffett and company well, and with the bear market hitting the reset on stock valuations this year, the Oracle of Omaha has begun buying businesses again in earnest.
Again, buying stocks in 2022 and 2023 when everyone is worried about a possible recession may seem silly. But if you're eyeing an investment for the long term, buying now before the next bull market begins is the best strategy. To that end, three Fool.com contributors think Costco (NASDAQ: COST), Prosus (OTC: PROSY), and ASML Holding (NASDAQ: ASML) are great buys right now. Here's why.
Anders Bylund (Costco): Buffett loves to invest in companies with a long history of robust returns on equity (ROE). This important metric tells us several things:
Source Fool.com
