The 5 Fastest-Growing Stocks Warren Buffett Owns
For more than 50 years, Warren Buffett has been the mastermind responsible for Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) incredible gains. Since 1965, Berkshire has delivered an annual average return of 20.3%, which is more than double the 10% compound annual return for the broad-based S&P 500 over the same period. In aggregate, Buffett's company has outperformed the S&P 500 by over 2,700,000%!
Warren Buffett's ability to identify value stocks and to hang onto these brand-name companies for long periods of time has been paramount to his success, and that of Berkshire's shareholders.
Yet, in recent years, we've witnessed a tendency for Buffett and his investment team to lean on growth stocks. Make no mistake about it, Buffett's love of banks and slow-growing consumer staples isn't going away. However, there's been a discernible uptick in fast-growing companies in Berkshire Hathaway's portfolio. Based on Wall Street's projected compound annual growth rate (CAGR) over the next five years (unless otherwise specified), these are Buffett's fastest-growing stocks.
Source Fool.com
