The 3 Best Buffett Stocks for Retirees
Quality and durability should be the two pillars of any retiree's stock portfolio. A company that has a long track record of success and a bright future thanks to durable competitive advantages is the ideal candidate for inclusion.
Warren Buffett is known for seeking these types of companies, holding shares for decades and letting the power of compounding work its magic. We asked three of our Foolish investors to each detail a "Buffett stock" that would be a great fit for retirees. Here's why Kinder Morgan (NYSE: KMI), Kraft Heinz (NASDAQ: KHC), and Johnson & Johnson (NYSE: JNJ) are great options.
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Source: Fool.com
Johnson & Johnson Stock
€147.10
0.160%
With 41 Buy predictions and 1 Sell predictions Johnson & Johnson is one of the favorites of our community.
As a result the target price of 196 € shows a positive potential of 33.24% compared to the current price of 147.1 € for Johnson & Johnson.
