Worried About the Nasdaq Tech Sell-Off? Buy This Warren Buffett Stock Today
Warren Buffett is one of the most famous value investors of all time. The Oracle of Omaha is widely known for investing in companies with non-fluctuating business models, rugged economic moats, and superb dividend yields. Many businesses that fit this criteria are performing remarkably well in today's overwhelmed economy.
Sky-high inflation levels, the Fed's hawkish monetary policy, and added trouble from the Russo-Ukrainian War have put stocks through the wringer of late. The S&P 500 has tumbled 21% year-to-date, serving as one of the worst starts to a year in the index's history. So let's explore one Warren Buffett stock that has achieved positive results in the present economy.
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Source Fool.com
