Like Passive Income? Buy These No-Brainer Warren Buffett Stocks
Warren Buffett has long advocated dividend stocks. Last year, his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) generated $6 billion in dividends, up roughly 20% from $5 billion in 2021. Buffett's affinity for dividend stocks reflects his preference for companies that exhibit strong fundamentals, generate consistent profits, and distribute a portion of their earnings to shareholders.
Here are three stocks that make up roughly 58% of Berkshire's portfolio and could provide you with a lifetime of passive income.
During Berkshire's most recent annual meeting, Buffett described Apple (NASDAQ: AAPL) as a "better business than any other we own [outright]." A sentiment like that is probably why Berkshire owns a whopping $150 billion in Apple shares, making up 46% of its stock portfolio.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a current price of 645000.0 € Berkshire Hathaway Inc. A is right around the predicted target price of 650000 €.
