2 Warren Buffett Wide-Moat Stocks to Buy Now
The billionaire appreciates companies with strong competitive advantages.
2 Warren Buffett Wide-Moat Stocks to Buy Now
Overview
Investors study the moves of Warren Buffett for one good reason: The billionaire has proven his investing strengths over 60 years. At the helm of Berkshire Hathaway, he delivered market-beating returns -- and stuck to his investing principles the whole time. Buffett led Berkshire Hathaway to a compounded annual gain over six decades of nearly 20%; that's compared to a compounded annual increase of about 10% for the S&P 500.
Buffett turned over the chief executive officer role to Greg Abel at the start of this year, but even in retirement, he remains a precious ally of the nonprofessional investor. For two reasons. First, Buffett hasn't completely disappeared from the scene, so he may share his thoughts publicly from time to time. As chairman of Berkshire Hathaway, he remains involved in the holding company's decisions and processes. And second, investors still may follow Buffett's investing strategy, which emphasizes value investing, the selection of quality companies, and choosing players with solid competitive advantages, or moats.
Details
Now, speaking of moats, let's check out two of Buffett's wide-moat favorites to buy now.
Source
Originally published at www.fool.com.
