My Top 2 Buffett Stocks to Buy and Hold in 2022 (and Beyond)
Warren Buffett is one the most successful investors in history. In 1965, he took over Berkshire Hathaway, a holding company that operates across a range of industries, including insurance, railroads, and energy. While it wholly owns several diverse companies, most of Berkshire's GAAP profits come from its equity portfolio. To that end, Buffett's knack for picking stocks has helped Berkshire's share price grow at an annualized rate of 20.1% since 1965. That's nearly double the 10.5% annualized return generated by the S&P 500.
While any business that Buffett likes is worth consideration, there are two, in particular, that stand out from the crowd: Amazon (NASDAQ: AMZN) and Snowflake (NYSE: SNOW). Both businesses play into major secular trends, but due to recent market volatility, shares of Amazon and Snowflake have fallen 20% and 44%, respectively, from their highs. That creates a buying opportunity for long-term investors.
Here's what you should know about these two top Buffett stocks.
Source Fool.com
